Income Taxes Paid By Individuals in 2007

Posted on July 31st, 2009 in Economic Indicators, Taxation Charts by admin

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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  1. 6
    Ron Says:

    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.

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