Home Taxation IRS Released data showing percentages of income tax paid by Americans
 

IRS Released data showing percentages of income tax paid by Americans PDF Print E-mail
Written by D C   
Wednesday, 07 October 2009 17:00

  • Top 1% income, income over $388,806 year, pay 39.89 percent of income taxes
  • Top 5% income, income over $153,542 year, pay 21.25 percent of income taxes
  • Top 10% income, income over $108,904 year, pay 10.65 percent of income taxes
  • Top 25% income, income over $ 64,702 year, pay 15.48 percent of income taxes
  • Top 50% income, income over $ 31,987 year, pay 10.74 percent of income taxes
  • Bottom 50% , income under$ 31,987 year, pay 2.99 percent of income taxes
  • If you make over $153,542 dollars year you are part the 5% that pays 60 percent of all income taxes, the middle class, income from $31,987 to $153,541 year pay only 36.87 percent of income taxes, while the bottom 50 percent of wage earners pay only 2.99 percent of income taxes, yet the liars in our government want you to believe the rich are screwing the poor and working class with the Republicans help. To top it all off Local, State and Federal governments tax Business on retained income like that business belonged to the government, taking from hard working Americans and taking it to build bridges to nowhere and libraries with Senators and Governors names attached etc., as sort of an egotistical monument in their memory and honor

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