Wednesday, June 21, 2017
The Top 0.1% Pay 23.5% of all Federal Income Taxes
TWO OUT OF THREE - 64% of all individual tax returns filed in 2012 (92.9 million returns out of 144.9 million returns filed) reported less than $50,000 of adjusted gross income.
(source: Internal Revenue Service).
THE REALLY RICH - The Top 0.1% of U.S. taxpayers (the Top 1 out of every 1,000 taxpayers) is estimated to pay 23.5% of all Federal income tax for the 2014 tax year
(source: Tax Policy Center).
Who's not paying their fair share?
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