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krw[_3_] krw[_3_] is offline
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Default O/T: Discussion of qualifications

In article ,
says...
Jim Behning wrote:

On Sun, 31 Aug 2008 17:12:50 -0700, Larry Blanchard
wrote:

On Sun, 31 Aug 2008 15:12:52 -0700, Mark & Juanita wrote:

The graduated income tax in
which the top 50% of wage earners pay 96.9% of taxes, the top 10% pay 70.3%
and the top 1% pay 39.4%

And what percent of earnings do these groups have?


If wikipedia is to be believed, the top 10% earned 54%, top 50% earned
85%


FWIW, Keith Olberman recently said that the top 1% who pay the 39.4%
taxes earn 22% of the income.


Some dated (it's only gotten worse), but relevant data:

http://www.cbo.gov/ftpdocs/53xx/doc5...2-TaxRates.htm

--
Keith