What Do You Do With A Busted Rupert?

[RoadToad]

Vetbass
Top 1% pay 38% of Income tax
Top 10% pay 70%
Top 50% pay 97.3 %
Bottom 50% pay 2.6%

Maybe you would be happier if the top 10% payed 100% that seems fair since in your world they get to be the top 10% and don't work. How did they get their money with out working.

Where are you getting those numbers?

[GeoFisher]

Where are you getting those numbers?

http://www.kiplinger.com/features/ar...stacks-up.html

[RoadToad]

Thanks, Geo. As I thought, there's more to the story:
"The latest numbers from the IRS – based on 2008 tax returns – show that the top 1% of income earners paid 38.02% of individual income taxes paid. That’s a lot, but it’s actually a smaller share of the total tax bill than the top 1% paid in 2007. That year they paid 40.42%. We also learn from the IRS that, in 2008, the richest 1% of Americans made 20% of all the adjusted gross income reported. That’s almost twice the 12.75% of total income earned collectively by the lowest-earning 50% of workers. Yes, 1.4 million taxpayers earn 20% of all income reported while 70 million share just 12.75%."