[RightOnTheLeftCoast]

Just keep these facts handy:

 

Income Percentile	Taxable Income	Percent of Total US Income	Percent of Total Income taxes paid
Top 1%	$313,469	20.81%	37.42%
Top 5%	$128,336	35.30%	56.47%
Top 10%	$92,144	46.01%	67.33%
Top 25%	$55,225	67.15%	84.01%
Top 50%	$27,682	87.01%	96.09%

 

[PeaceBeWithYou]

I bet the reverse side(the bottom 50% -recipients of taxes) of that distribution chart would be interesting to see. I'm sure it exist somewhere.

[Freebird Forever]

Thanks for posting the chart!

: )

Visualizing goals is generally beneficial to my long term success.

I've always aspired to be a 1%er.

[PFKEY]

Maybe next year I can be in the top 1%.

Can't wait to be vilified.

[A. Pole]

Just keep these facts handy:

The data you provided are very selective - federal tax is a small part of tax paid by the poorer. You forgot about social security tax (on both sides of employment), about sales tax, about state tax about property tax inluded in the rent etc ...

The truth is that you cannot squeeze out of the stone, taxes have to be paid by those who have a lot of money or the state will decay. Shifting the burden of taxation into the lower income people will not pay for your beloved war toys and lucrative pork contracts.