The super-rich have the lawyers and loopholes to avoid the taxes. The guys that end up paying the big tax bills are the middle class and small business guys who are just out there earning a living.
Thats an incredibly ignorant statement, even more so the last decade or 2 with the 'tax-breaks-for-the-rich' mantra that has resulted in middle and lower paying even LESS taxes. I may be the only one who finds it troubling that the voting majority can now TAKE money from high-earners and use it for themselves
Percentiles Ranked by................AGI Threshold on.................Percentage of
AGI..........................
...................Percentile
s...........................F
edl Income Tax
Top 1%...................................... $364,657............................39.38%
.
Top 5%........................................$145,283............................59.67%
Top 10%......................................$103,912............................70.30%
Top 25%......................................$62,068..............................85.99%
Top 50%......................................$30,881..............................96.93%
Bottom 50%.............................<$30,881..............................3.07%link