Here Are The 43% Of Americans Who Don't Pay Federal Income Tax

Since 2009, the percentage of Americans who pay no federal income taxes has fallen from 47% to 43%, according to a recent report by the Tax Policy Center. The catalyst for the drop is due to two factors — federal tax cuts that expired after the Great Recession and an improving economy.

These charts from the TCP break down exactly who the 43% are:

Last year, TPC’s 2009 estimate might have been the nail in the coffin for Mitt Romney's ill-fated bid for the Presidency after he criticized the "47%" of Americans who don't pay federal income taxes at a fundraiser.

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