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Overnight Plan 9

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Kosh's Shadow2/13/2009 7:06:03 am PST

re: #734 jester6

What I’d like to see is all the data about the n% of taxpayers and m% of taxes:

-The Top 1% of Taxpayers earn $388,806 per year and pay 39.89% of federal income taxes

-The Top 5 % of taxpayers earn $153,542 per year and pay 60.14% of federal income taxes

-The Top 10% of taxpayers earn $108,904 per year and pay 70.79% of federal income taxes


So, what percentage of national income do each of the top 1%, 5% and 10% of taxpayers make?
If the top 1% make 50% of the income but pay 40% of the taxes, they probably pay too little taxes; if they make 25% of the income, they probably pay too much.
But no one wants to put all this information together, because we’d probably find that with the current tax structure, these percentages match reasonably well, and it would fit no one’s agenda to publicize it.
Under 0bama, though, this could be quite different.