Tag Archives: fair share

50% of Taxpayers pay 97% of All Taxes

Empty PocketHow much in taxes do you pay in a year to the Federal government?  Probably more than your fair share.

According to the IRS (www.irs.gov), the top 50% of taxpayers pay nearly 97%  of all the revenue brought in by the income tax.  Does that seem fair to you?  I’ll have to do some more digging, but I’d bet that the top 50% of taxpayers don’t necessarily utilize 97% of all Federal services… Continue reading

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Filed under Taxes