(Lake Martin Specific)
111,226 messages
Updated 8/28/2024 4:39:15 PM
Lakes Online Forum
83,915 messages
Updated 9/7/2024 7:52:09 AM
Lakes Online Forum
5,200 messages
Updated 8/23/2024 12:20:47 PM
(Lake Martin Specific)
4,171 messages
Updated 5/29/2024 10:51:34 PM
Lakes Online Forum
4,171 messages
Updated 6/27/2024 7:05:46 AM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
(Lake Martin Specific)
169 messages
Updated 5/31/2023 1:39:35 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
4691
- 
|
|
Subject:
|
Waterman
|
|
Date:
|
11/19/2010 7:10:40 PM
|
|
Water_Watcher - "...92% of personal income taxes are paid in the $250K and above bracket" If you mean this the wayI think, your numbers are way off. Based on 2008 data, the top 1%, which is made up of those earning $380,000 or more, paid 38% of personal federal income tax (that's a lot!!!), the top 5%, made up of those earning $159,000 or more, paid 58% of total, and the top 10%, made up of those making $114,000 or more, paid ~70% of total personal income taxes. I found this same data on numerous web sites but it is most detailed here http://www.taxfoundation.org/news/show/250.html. Note I don't disagree with any of the points you made except for the stats you used. And my point in noting this is that the middle-middle pays a hefty portion of the income tax revenue; not just the upper-middle and rich class. It is the lower 50% that pay little or no income tax.
|
|
Reply
Back
Search
Off-Topic Forum
»
Alabama Lakes
»
Lake Martin
Login
|
Home
