TAX TRUTH
- One percent of the population earns 21% of all income and pay 37 ½% of all taxes.
- The top 5% earn 35% of all income and pay 56 ½% of all taxes.
- The top 10% earn 46% of all income and pay 67% of all taxes.
- The top 25% pay 84% of all taxes.
- The top 50% pay 96 ½% of all taxes.
- The bottom 50% pay 3 ½% of all taxes.
