Income Taxes Paid By Individuals in 2007
The Internal Revenue Service uses percentile categories (Top 1%, 95% – 99%, 90% – 95%, etc.) for purposes of analyzing income tax data. A total of 141,070,972 tax returns were filed by individuals in 2007. The IRS analyzes tax return statistics to determine various percentages. For example, this table indicates that the top 10% of taxpayers paid $794 billion, which accounted for 71.2% of the total income taxes paid by individuals in 2007.
6 Responses to “Income Taxes Paid By Individuals in 2007”
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September 23rd, 2009 at 5:33 pm
Tax rate disparity pales in comparison with income disparity, plus the poor fight and die for the wealthy. You should be glad people aren’t smart enough to revolt. Oh, yes, I forgot, the wealthy control education and the news media, too.