Wednesday, April 15, 2009

Taxes

This really motivates me to earn enough money to make it into the top 5th of earners in the US

The top fifth of households made 56% of pre-tax income in 2006 but paid 86% of all individual income tax revenue collected, according to the most recent data available from the Congressional Budget Office.
It gets even better for the top 1% of earners
The top 1% of households, which made 19% of pre-tax income, paid 39% of all individual income taxes.
Thanks for the post Jeanne Sahadi - http://money.cnn.com/2009/04/15/pf/taxes/who_pays_most_least/index.htm

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