Everyone pays into Medicare and social security, but not everyone pays a federal income tax.
You must have forgotten about this Romney clip.
If you are single and make less than somewhere around $13000/year, you pay no federal income taxes. It’s in the upper 20000s for married. So, 47% of Americans fall into that.
SS is 6.2% of your income. Medicare is in the mid 1%. Something like 1.6%. There is a cap though. So, if you make over 400,000, you’d pay less than 6.2%.
I watched the clip. I didn’t forget it. I’ve never seen it. Those in the “47%” that call themselves victims vote Democrat because democrats have convinced them they are victims and in need of government assistance. A wonderful tool to control the vote.
It seems it is closer to 40%, rather than 47%. There is also deductions that probably shift some people below the threshold. There are probably a bunch of senior citizens in that 40%, where their “income” might be categorized differently.
I get it Reggie, the dad doesn’t get it because of loyalty to age group.
Must be a lot of factors included. That’s unfortunate for the country mentioned, something must be making you uncomfortable. But that is for your age group with similar factors.
Is it age or life expectancy? Because the two don’t correlate always as in the meme.