View Single Post
Old 12-14-2009, 01:10 PM   #10
Sean
giggity
 
Sean's Avatar
 
Join Date: Nov 2008
Location: socal
Moto: street, sumo & dirty
Posts: 1,071
Default

Quote:
Originally Posted by goof2 View Post
I could see this going another direction as well. The IRS sees lots of behavior they find "immoral", but not illegal. This leads to a big push to make that behavior illegal. The public will eat it up because it will be sold as a bunch of rich people who aren't "paying their fair share".
Yeah, nevermind that the top 1% pays 40% of the taxes.

Percentiles Ranked by AGI


AGI Threshold on Percentiles


Percentage of Federal Personal Income Tax Paid

Top 1%


$410,096


40.42

Top 5%


$160,041


60.63

Top 10%


$113,018


71.22

Top 25%


$66,532


86.59

Top 50%


$32,879


97.11

Bottom 50%


<$32,879


2.89
Sean is offline   Reply With Quote