Thursday, December 15, 2005

Who Pays The Taxes?

According to IRS data released last week:

A few weeks ago, the Internal Revenue Service released data on tax year 2003. They show that the top 1 percent of taxpayers, ranked by adjusted gross income, paid 34.3 percent of all federal income taxes that year. The top 5 percent paid 54.4 percent, the top 10 percent paid 65.8 percent, and the top quarter of taxpayers paid 83.9 percent.

Read more about tax burdens here.
And at the Tax Policy Center.

1 Comments:

Anonymous Anonymous said...

Hey this blog is not about process

I have been doing hours of research on "strategic planning" and it brought me to your blog on Who Pays The Taxes?. Anyways, BTN I was reading your blog and I think it is really cool. It’s really a pleasure reading your posts! Keep up the great work.

Keep blogging away :-)

10:34 AM  

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