Tuesday, August 19, 2008

Taxes

TAX STAT - The top 1% of US taxpayers is responsible for the payment of 40% of all federal income tax. Ten years ago (1998), the top 1% of taxpayers paid 35% of all federal income tax. Twenty years ago (1988), the top 1% of taxpayers paid 28% of all federal income tax.

(source: Tax Foundation, IRS).


B Hussein could continue this growth. I guess I need to stay out of the top 1%.

No comments: