Half of Americans pay no federal income tax - Tax Tactics - msnbc.comAbout 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization.
You see, the statement was obviously false on the face of it. How can you cut 95% of the peoples taxes if 47% don't even pay taxes? ( hint.... can't cut something that isn't there )
Here, read this article from what I consider a reliable source, then tell me how smart you think Barry is.
Ari Fleischer Says It's Bad for Our Democracy to Exempt Half the Country From Income Taxes - WSJ.com