Original Message: Taxes -- What is our fair share?
New IRS Report Provides Fascinating Glimpse Into Your "Fair Share" Interesting excerpts: (Federal taxes only) * The top 1% of US taxpayers paid 48% of total US income taxes. * The top 10% paid nearly 72% of total income taxes. * Meanwhile, the bottom 40% of US income tax filers paid no net income tax at all. And the next group, those making between $30-$50,000 per year, paid an effective rate of just 1.9%. More interesting stuff at the link. Regards, Russ

Original Message: Taxes -- What is our fair share?

New IRS Report Provides Fascinating Glimpse Into Your "Fair Share"

Interesting excerpts: (Federal taxes only)

* The top 1% of US taxpayers paid 48% of total US income taxes.

* The top 10% paid nearly 72% of total income taxes.

* Meanwhile, the bottom 40% of US income tax filers paid no net income tax at all. And the next group, those making between $30-$50,000 per year, paid an effective rate of just 1.9%.