You believe you misquoted the IRS. Maybe you would like to link to the stat on the IRS site.
I will make one change to the above post. Lets limit it to income taxes.
A majority of income taxes are paid by the top 5% of wage earners. They pay 53.25%. Change it to the top 10% and they pay 64.89%.
A majority of income taxes are paid by the top 5% of wage earners. They pay 53.25%. Change it to the top 10% and they pay 64.89%.You statistics are worthless without telling us what share of income those percentiles made. (They're old stats, too.) This is a typical trick to make federal taxes in general, and income taxes specifically, appear much more progressive than they are. In 2001 (the year of your stats), the top 10% of earners made 43.11% of all the income and paid 64.89% of income taxes. And this ignores the more regressive taxes like payroll taxes.