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To: RedBloodedAmerican
People with incomes $200,000 and over pay 42.7% of the taxes, $377 Billion.

People with incomes $100,000 to 200,000 pay 24.1% of the taxes, $213 Billion.

People with incomes $75,000 to 100,000 pay 12.8% of the taxes, $113 Billion.

People with incomes 50,000 to 75,000 pay 12.9% of the taxes $114 Billion.

People with incomes of $40,000 to 50,000 pay 4.4% of the taxes, or $39 Billion, and

people with incomes of$30,000 to 40,000 pay only 3.4% of the taxes, or $30 Billion!

Finally, people with incomes of only $20,000 to 30,000 pay only 1.1% of the taxes, or $10 Billion!

More info: the TOP 1% of income earners pay 33.6% of all the taxes!

5 posted on 01/17/2002 3:41:08 AM PST by KneelBeforeZod
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To: KneelBeforeZod
...and what if Atlas shrugged?
14 posted on 01/17/2002 8:00:01 AM PST by CWRWinger
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To: KneelBeforeZod
According to http://www.taxfoundation.org/prtopincometable.html, the middle class bring in the most dollars. The top 1%(someone who makes over $ 293,415) pays 36% of all taxes, which is $317,419 million. The Top 50%(someone earning in between $26,415 and $52,965) pays 96% of all taxes, which is $842,168 million.
20 posted on 01/19/2002 7:36:33 AM PST by Jeff Smith
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To: KneelBeforeZod
This is the information from taxfoundation.org. From 1999 figures.....

People with incomes over $293,415 pay 36% of the taxes, $317 billion

People with incomes $120,846 to $293,415 pay 19% of the taxes, $169 billion

People with incomes $87,682 to $120,846 pay 11% of the taxes, $97 billion.

People with incomes $26,415 to $87,682 pay 30% of the taxes, $259 billion

People with incomes below $26,415 pay 4% of the taxes, $35 billion

Gee, I was wrong. I knew the numbers did not add up before. You guys are correct. The super rich and the entire middle class account for most of our government's revenues.

21 posted on 01/19/2002 8:30:32 AM PST by Jeff Smith
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