09/21/2012 03:50 pm ET Updated Nov 21, 2012

Where The 47 Percent Live

Was Mitt Romney correct in a recently surfaced video that 47 percent of the voting public pay no federal income tax? The figure that he cited originates from a 2011 study conducted by the Tax Policy Center. Although the figure in the study is actually 46.4 percent, the basic claim is true -- there is a large swath of U.S. citizens who pay no federal income tax whatsoever.

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