Forum Discussion
bid_time
Nov 21, 2019Nomad II
fj12ryder wrote:The income split point to be in the top 10% is $139,713.00. Which begs the question that was never answered > "What is the right number? 90%? 100% ?"
"In 2016, the top 10% of taxpayers paid 70% of all taxes." Actually he exaggerated, it was 69.47%
How much of the overall income percentage did those top 10% corral? 46.56%
Earn huge amounts, pay large amounts of taxes. And how much, percentage-wise, did those top 10% pay in tax compared actual income? 21.19%, as compared to 3.73% for the bottom 50%
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