Talk of The Villages Florida - View Single Post - My Prediction: A U.S. "Berlin Wall" of regulations
Thread: My Prediction: A U.S. "Berlin Wall" of regulations
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Old 08-28-2014, 05:45 PM
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Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Quote:
Originally Posted by buggyone View Post
Big US corporations have been doing very good. Very large profits, huge salaries for CEO's, and very tiny percentages of taxes paid.

Stock market is at record highs. Unemployment is down.

Multi-millionaires pay less percentage in income taxes than middle class citizens.
Who Pays Income Taxes and How Much?

Tax Year 2009

Percentiles Ranked by AGI

Percentage of Federal Personal Income Tax Paid

Top 1% pay 36.73%

Top 5% pay 58.66%

Top 10% pay 70.47%

Top 25% pay 87.30%

Top 50% pay 97.75 %

Bottom 50% pay 2.25%

Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service

How much more would you have them pay?
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