Apr

22

2009

Income percentages? Surprising….

by Skip

Individual (not household) Income level  and Income Taxes paid

The "top 1%" of earners in this country, is everyone who makes over about $180,000 a year.  They paid about 39.89% of all income taxes.

The top 5% is everyone who makes over about $152,000 a year.                            They paid about   60.14 of all income taxes.

In case you were interested, $100,000 is the top 5.63%

The top 10% is everyone who makes over $76,000 per year.                                  They paid about 70.79% of all income taxes.

The top 15% is everyone who makes over about $64,000 a year.

The top 25% is everyone who makes over about $46,000 a year.

The top 50% is everyone who makes over about $32,000 a year.                            They paid about  2.99% of all income taxes.

(H/T: Chuck – nice video from Reason TV there too)

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by Skip Murphy

Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom (and how Government is taking that away from us). My fight, from a Conservative (with small "L" libertarian leanings) and evangelical Christian perspective, is with the Progressives that are forcing a collectivized and secular humanistic future upon us. As TEA Party activist, citizen journalist (and pundit!), my goal is to use the New Media to advance the radical notions of America's Founders back into our culture again.

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