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classicman · 09-27-2011, 08:51 PM

Here are some real numbers to look at from the IRS chart for tax year 2008...
(just for fun)
Federal Income tax #'s
Incomes between $50,000 and $75,000 pay on average 7.8% --------- (19,000,000 filers)
Incomes of at least $10 million ... pay on average from 17.9% to 28.5% ---- (11,050 filers)
$109.7 million - pay on average a rate of 18.1%

HOWEVER ... when a bunch of other Fed taxes are thrown in the numbers get a little fuzzier.
Incomes between $50,000 and $75,000 pay 22 to 23%
the $50 million earner pays 20 to 30%

09-27-2011, 08:51 PM	#107
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	Here are some real numbers to look at from the IRS chart for tax year 2008... (just for fun) Federal Income tax #'s Incomes between $50,000 and $75,000 pay on average 7.8% --------- (19,000,000 filers) Incomes of at least $10 million ... pay on average from 17.9% to 28.5% ---- (11,050 filers) $109.7 million - pay on average a rate of 18.1% HOWEVER ... when a bunch of other Fed taxes are thrown in the numbers get a little fuzzier. Incomes between $50,000 and $75,000 pay 22 to 23% the $50 million earner pays 20 to 30% __________________ "like strapping a pillow on a bull in a china shop" Bullitt Last edited by classicman; 09-27-2011 at 08:58 PM.