I hate to present facts, but here goes.
BREAKDOWN OF INCOME AND TAXES PAID BY CATEGORY
Income Category -- 2004 AGI -- % of all inc -- % of inc taxes paid
Top 1% ----------- Over $328,048 --------19% ---------------- 37%
Top 5% ----------- Over $137,500 -------- 33% ---------------- 57%
Top 10% --------- Over $99,111 ---------- 44% ---------------- 68%
Top 25% --------- Over $60,040 ---------- 66% ---------------- 85%
Top 50% --------- Over $30,121 ---------- 87% ---------------- 97%
Bottom 50% ----- Under $30,121 -------- 13% ---------------- 3%
Perhaps you should stop hating rich people for a while and worry about yourself. It might do wonders for your career and income.
.
2006-11-19 13:46:15
·
answer #1
·
answered by Zak 5
·
2⤊
0⤋
The "rich" already pay their share, your share, & my share. And these are people that go to work every day and work 50+ hours a week. Not people that just got money given to them.
2006-11-19 16:06:22
·
answer #2
·
answered by cinsmith1 3
·
1⤊
0⤋
The average American family with both spouses working in let's say even a little below average middle class is paying about 30-35% Federal and !0% State and 7% sales and ??%% Homeowners Taxes now... We get to keep about half as it is...
2006-11-19 13:25:36
·
answer #3
·
answered by the_buccaru 5
·
1⤊
1⤋
In the United States, the top 10% of all wage earners pay 50% of all federal income taxes. I think they are already doing there fair share.
2006-11-19 13:21:10
·
answer #4
·
answered by Anonymous
·
2⤊
1⤋
You just have to know the secrets of tax shelters like a corporation which creates huge write offs. So start a business and it does not matter if it fails write it off at the end of the year.
2006-11-19 14:18:56
·
answer #5
·
answered by Anonymous
·
0⤊
1⤋
The rich pay more taxes than any other group!
2006-11-19 13:21:12
·
answer #6
·
answered by Anonymous
·
2⤊
2⤋
yes
2006-11-20 09:14:46
·
answer #7
·
answered by kwadwo_adade 4
·
0⤊
0⤋
maybe
2006-11-19 13:21:22
·
answer #8
·
answered by ? 7
·
0⤊
1⤋