[Qbert]

“Vanishing millionaires…and tax revenue”

Earlier this month, the IRS released tax data for the 2009 calendar year...

In 2007, we had 18,394 tax filers who reported adjusted gross incomes of over $10 million, and they paid $111 billion in taxes.  By 2009, that figure had dropped to 8,274 filers paying $54 billion.

In 2007, we had 390,000 tax filers who reported adjusted gross incomes of over $1 million, and they paid $309 billion in taxes.  By 2009, that figure had dropped to 237,000 filers paying $178 billion.

This is not a good trend, particularly given our current debt and deficits...”

http://radioviceonline.com/vanishing-millionaires-and-tax-revenue/

[Cincinatus' Wife]

......This is not a good trend, particularly given our current debt and deficits...”

No it is not. Thank you for the statistics.