Joint interview of Obama and Romney on Univision: on Tax Reform

Barack Obama: 47% who don't pay income tax pay many other taxes

A: Are there people who abuse the system? Yes, both at the bottom and at the top--because there are a whole bunch of millionaires who aren't paying taxes at all either. But when you look statistically, it turns out that even if people aren't paying income taxes, they're paying payroll taxes. They're paying gas taxes. They're paying sales taxes. They're paying state & local taxes. So the fact of the matter is that the few people who are not paying income taxes are either paying a lot of taxes because they're working every day but they just don't make enough money overall to pay income tax; or alternatively, they're senior citizens or they're students or they're disabled; or, in some cases, they're veterans or soldiers who are fighting for us right now overseas--they don't pay an income tax. Americans work hard, and if they're not working right now, they want to get to work. And that's what my economic plan is designed to do.