Behind the 'People Who Pay No Income Tax' - NYTimes.com: "Mother Jones has published a video of Mitt Romney at a private fund-raiser making incendiary remarks about Obama voters – and, well, about half of the electorate."
But wait--those who pay "no income tax"--maybe he is including the corporations that pay no income tax:
30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress: "CTJ looked at 280 companies, all of them members of the Fortune 500, and found that “while the federal corporate tax code ostensibly requires big corporations to pay a 35 percent corporate income tax rate, on average, the 280 corporations in our study paid only about half that amount.” And those who paid even half the statutory corporate tax rate paid far more than many of their competitors. In fact, in the last three years, 78 corporations had at least one year where they paid no federal income tax at all, while 30 corporations paid not a dime over the entire three years. Those 30 corporations paid nothing, even though they made $160 billion in profits over that period"
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Thursday: Unemployment Claims, Trade Deficit - Thursday: • At 8:15 AM ET, The *ADP Employment Report* for June will NOT be released. "ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab ...