Cryptcl: Who Pays Taxes In America?

It looks to me like the rich are paying their “fair share”.

AGI is adjusted gross income.

source: IRS

source: http://www.ntu.org/tax-basics/who-pays-income-taxes.html

Tax Year 2008

Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
$380,354
38.02
Top 5%
$159,619
58.72
Top 10%
$113,799
69.94
Top 25%
$67,280
86.34
Top 50%
$33,048
97.30
Bottom 50%
<$33,048
2.7
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Published in: on August 2, 2011 at 2:41 pm  Leave a Comment  

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