October 6, 2005

A Toast to Rich Taxpayers

Filed under: Economy, Taxes & Government — TBlumer @ 4:31 pm

My toast is to the roughly 129,000 federal income tax filers who reported the most income in 2003.

These intrepid people represent only one-tenth of 1% of all federal income tax filers, and paid over 15% of all federal income taxes.

Please, don’t any of y’all get lazy or stop generating that taxable income.

NOTE: Yes, I realize that the identities of the top 0.1% of all taxpayers will change somewhat from year to year.
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ALSO: Rush has updated his site’s free home page with the 2003 data, which also shows:
– The top 50% of earners pay 96.5% of all federal income taxes.
– The top 1% pay more than one-third.

1 Comment

  1. The Times had a series a few months back on ‘Class in America’ which was nothing more than wallowing in sociological and class angst.

    I posted on it at New York Times reporter calls colleagues un-American? which had an ironic twist in it.

    Comment by Porkopolis — October 7, 2005 @ 2:19 pm

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