Thursday, February 5, 2009

Who Pays Income Taxes? See Who Pays What

Who Pays Income Taxes? See Who Pays What

For Tax Year 2006

Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid

Top 1% $388,806 39.89%

Top 5% $153,542 60.14%

Top 10% $108,904 70.79%

Top 25% $64,702 86.27%

Top 50% $31,987 97.01%

Bottom 50% <$31,987 2.99

Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service

http://www.ntu.org/main/page.php?PageID=6

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