And the rich will still get richer, won't pay their share of supporting this country and the lemmings will continue to foot the bill. What was Ron White's favorite line?
Originally Posted by daty/o
The rich don't pay their fair share? Are you kidding? The lower 50% of income earners only pay 2% of the income taxes. The top 1% pays 37%; the top 5% pays 59%; the top 10% pays 70%.
How much do you want the "rich" people to pay? Do you want the top 1% to pay all the taxes? How much is enough?
Who Pays Income Taxes and How Much?
Tax Year 2009
Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
$343,927
36.73
Top 5%
$154,643
58.66
Top 10%
$112,124
70.47
Top 25%
$66,193
87.30
Top 50%
$32,396
97.75
Bottom 50%
<$32,396
2.25
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service