Thursday, October 20, 2005
Remember, The Rich Don't Pay Taxes
In 2003 (the latest year available)
The top 1 percent paid 34.27 % of federal income tax revenues.
The top 10 percent paid 65.84 %
The top 50 percent paid 96.54 %
The bottom 50 percent paid 3.46 %
(H/T Big Brother, aka The IRS)
posted by El Capitan at 3:13 PM
1 Comments:
said...
Dude,
I know I'm NOT in the top 50%, but why does it feel as if I pay 96.54% in taxes!!!! Yeah, the rich don't pay. The middle class does. LOL
Michael