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The biggest programs and their percentage of the U.S. population: Medicaid: 26 percent Social Security: 16 percent Food stamps: 16 percent Medicare: 15 percent Women, Infants and Children food program: 8 percent ___ THOSE WHO PAY NO FEDERAL INCOME TAX What Romney said: "Forty-seven percent of Americans pay no income tax." Romney's about on target -- 46 percent of U.S. households paid no federal income tax last year, according to a study by the nonpartisan Tax Policy Center. Most do pay other federal taxes, including Medicare and Social Security withholding. And they're not all poor. Some middle-income and wealthy families escape income tax because of deductions, credits and investment tax preferences. Why these people don't pay: About half don't earn enough money for a household of their size to owe income tax. For example, a family of four earning less than $26,400 wouldn't pay. About 22 percent get tax breaks for senior citizens that offset their income. About 15 percent get tax breaks for the working poor or low-income parents. Almost 3 percent get tax breaks for college tuition or other education expenses. Who they are: The vast majority have below-average earnings: Among all who don't owe, 9 out of 10 make $50,000 or less. But some of the wealthy escape taxes, including about 4,000 households earning more than $1 million a year.
[Associated
Press;
Associated Press Deputy Polling Director Jennifer Agiesta contributed to this report.
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Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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