Please go to irs.gov Publication 1304 Table 1.1 The top one - TopicsExpress



          

Please go to irs.gov Publication 1304 Table 1.1 The top one half of one percent of incomes pays 9.8% of all of the taxes. The top 2.36% pays 13.6% of all taxes. The top 27.0% pays 49.1%, the top 46.3% pays 71.1% Looking from the bottom, the bottom 20.6% pays only 6.3% of the total tax. The bottom 42.7% pays only 19.8%. It is fashionable to say that the rich dont pay their fair share. Actually, the successful pay far more than their fair share. By the way, I prepared over a thousand tax returns over the last eight years, and I do EVERYTHING to minimize the tax liability of my clients. I am frequently able to legally zero out taxes for my clients, and do everything I can to maximize their refunds, including getting the Earned Income Tax Credit whenever possible. So, I absolutely want to help the little guy. However, I stand by my statement that the current administration is trying to exploit class warfare.
Posted on: Wed, 16 Oct 2013 22:31:09 +0000

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