Who Are The 47%?

Who Are The 47%? is the name of a posting by digby at Hullabaloo.

The zero-tax filers will be largely low-income. Indeed, 75 percent of them will earn less than $20,000 per year and 97 percent will earn less than $40,000. Fewer than 1 percent will earn more than $75,000 per year – a group comprised largely of business owners whose tax liabilities will be erased due to business losses, carry-overs from prior year AMT payments, or foreign tax credits.