TAX DAY TRIVIA: Where did the 47% number come from?

47 percent

As a special Tax Day Treat, today we will feature a bit of history. By now, everyone has heard of the infamous 47% statistic. Today, we will show you the specific document where that came from.

It first appeared on June 29, 2009, in a special report from the Tax Policy Center.The specific sentence in the report is this: “TPC (Tax Policy Center) estimates that under the new law (The American Recovery and Reinvestment Act), 47 percent of tax units (individuals or jointly-filing couples) will owe no income tax in 2009.”

More than two years later, this report has been summarized very wisely by our friends in the GOP as “47% of Americans are lazy moocher who suck money out of the system without giving anything back.”

You might be surprised to find that the source of this Great Wisdom was the Tax Policy Center, since everyone knows that they are known to be a left-leaning, highly ideological, liberal think-tank. We know this is true because there was this one time when they criticized Romney’s tax plan. Clearly, they are traitor to the American Dream.

So how is it possible that they decided to tell the truth about 47% of the population being lazy, shiftless, greedy, unemployed people who live off of government handouts?

Well, it all becomes more clear when you read the rest of the actual report.

Instead of just yelling “47 percent! Lazy! Moochers!!!” and laughing demonically, like Mitt Romney did that one time, this report goes on to say that most of the people who pay no income tax actually do work, but they make so little money and their expenses are so high that they receive credits back, such as the Earned Income Credit, that bring their net taxable income to zero.  The report also mentions that huge portions of the 47% statistics are accounted for by groups that liberals think deserve to get a little assistance, such as the elderly.

Clearly, all of that is just liberal gobbledy-gook and nonsense.  Nobody cares that these people are poor, employed, and elderly or disabled!  What matters is that they are MOOCHERS!

Luckily, nobody actually reads reports, anymore. Or else the Republican party might not have this wonderful gold mine of a winning strategy that they have today.



Leave a Reply

Your email address will not be published. Required fields are marked *