Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $82,510
Woo hoo!! And we're now over 93%!! Less than $5.5k to go!! Let's get 'er done. Thank you all very much! God bless.

Keyword: millonairs

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  • Surprise! The 1% Are Paying Their Fair Share

    04/09/2012 2:55:06 PM PDT · by Beave Meister
    Barron's ^ | 4/7/2012 | GENE EPSTEIN
    Call them the Fantastic Four. Only four taxpayers have the distinction of making the Internal Revenue Service's anonymous list of the 400 highest-income filers in every one of the 17 years (1992-2008) for which the IRS has collected such data. Just 27% of the wealthiest filers have made the top-400 list more than once, and just 15% more than twice. Even a one-time trip through this gilded door is surely a thrill, however. In 2008, entry into the favored 400 required a minimum adjusted gross income of $109.7 million, down from a cutoff of $138.8 million in '07—a decline that...