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#12

03-25-2012, 08:43 AM

merrylander merrylander is offline

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Join Date: May 2009

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Quote:

Originally Posted by vinyl1

For a simple reason....the top 10% in income receive 45% of the income and pay 67% of all Federal income taxes. According to the IRS statistics for 2010, these are returns with AGI over $113,000.

Where do most of these people live? New York, California....

Sorry but I think you might have that backwards; they pay 45% of all income taxes but receive 67% of the income.

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Last edited by merrylander; 03-25-2012 at 02:51 PM.

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