I am unimpressed with the headline and description of this CBO study:
CBO:Top 40% Paid 106.2% of Income Taxes; Bottom 40% Paid -9.1%, Got Average of $18,950 in 'Transfers'
(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
Normally these CBO studies look at that total tax burden by quintile and include Social Security and Medicare taxes, and they do that here as well. Folks willing to focus exclusively on the income tax can probably find the data supporting the CNS story. FWIW, the 'transfers' mentionned in the story are primarily Social Security and Medicare.
People in the lower quintiles have a low but positive total tax rate.
And we learn this about transfers (p 10 of 36 .pdf):
Government transfers increase income in all groups, but those increases, both in dollars and as a percentage of market income, are larger for groups with lower market income. Social Security and Medicare are the two largest transfer programs. Combined benefits from those programs averaged $8,900 for all households in 2010, and other transfers averaged $4,100.
Social Security and Medicare go predominantly to elderly households, many of which have low market income. Households in the lowest quintile received 36.2 percent of the total benefits from Social Security and Medicare (averaging $14,200 per household),...
Send better right-wing agit-prop.