Tax Payers – a snapshot
Posted by Rob Longenecker on October 8th, 2009
The top 20 percent of earners
–makes about 53 percent of the income in America, but
–pays 91 percent of the income tax.
The top 1 percent pays 36 percent.
The IRS says the bottom half of earners pays less than 3 percent.
If you’re in the bottom 50% of earners you have no reason to oppose higher taxes, do you?
How about when 60% of the folks pay no taxes?
How about when 70% of people pay no taxes?
The percentage has been growing every decade.
We might want to pay attention to who gets elected next time.
If you work and pay taxes, the current trend is against you.