Also, remember, that's if every American is paying taxes and paying the debt. But one thing that we saw from this current filing of income tax is that 47 percent of Americans paid no taxes. Now, that doesn't mean that 47 percent of Americans are deadbeats, because they aren't. Many Americans don't have income because they're senior citizens living off of fixed assets. There are a number of reasons. But still the number remains true, that 47 percent of Americans aren't paying the taxes. An increasingly smaller group of people are paying a larger share of the taxes. And so the debt burden on particular Americans will be especially egregious.
Michele Bachmann: “Also, remember, that's if every American is paying taxes and paying the debt. But one thing that we saw from this…”
Editor's note · Context
Bachmann discusses the implications of tax contributions among Americans and the debt burden.
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