About us Login Get email updates
Research
Print

Lou Dobbs falsely claimed 40 percent of working Americans "don't pay taxes"

October 16, 2008 6:36 pm ET

Please upgrade your flash player. The video for this item requires a newer version of Flash Player. If you are unable to install flash you can download a QuickTime version of the video.

EMBED

SUMMARY: While talking about Sen. Barack Obama's tax plan, Lou Dobbs falsely asserted that "just about 40 percent of all Americans -- working Americans -- don't pay taxes." In fact, all American workers are required to pay taxes on their wages for Social Security and Medicare, and people in the United States are also subject to excise taxes. Indeed, the Congressional Budget Office found that the average effective federal tax rate for households in the lowest quintile of income earners in 2005 was 4.3 percent, while the second lowest quintile paid an average effective rate of 9.9 percent that year.

Comments

Return to the full post.