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Taxes -- What is our fair share? | |||
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Posted by: Russ Walden ® 03/29/2023, 16:20:09 Author Profile Mail author Edit |
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
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