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Old 10-17-2007, 10:01 PM
 
69,360 posts, read 59,813,284 times
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Per 2005 US Treasury Data statistics

Top 1% of wage earners paid 39.4% of all taxes, highest amount ever
Top 5% paid 59.7% of all taxes, highest amount ever
Top 10% paid 70.3% of all taxes, highest amount ever
Bottom 50% has paid just 3% of all taxes, lowest amount ever
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Old 10-17-2007, 10:03 PM
 
Location: Near Manito
20,140 posts, read 22,633,529 times
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Quote:
Originally Posted by pghquest View Post
Per 2005 US Treasury Data statistics

Top 1% of wage earners paid 39.4% of all taxes, highest amount ever
Top 5% paid 59.7% of all taxes, highest amount ever
Top 10% paid 70.3% of all taxes, highest amount ever
Bottom 50% has paid just 3% of all taxes, lowest amount ever
Here fishy, fishy, fishy.

Pull something out of that gluteous incredibilius of yours.
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Old 10-17-2007, 10:06 PM
 
Location: Santa Monica
4,708 posts, read 8,057,145 times
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Please be complete. Include what portion of all INCOME the top 1% earned. And also include the rate of change of this figure over the last 10 years!
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Old 10-17-2007, 10:06 PM
 
5,765 posts, read 10,925,752 times
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Doesn't that just point to the increasing accumulation of wealth by the very top tier of wealthy people, while the lower classes are income-stagnant?
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Old 10-17-2007, 10:13 PM
 
Location: Your mind
2,923 posts, read 4,763,754 times
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Yes, assuming that the figures are correct.
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