A few days ago, the IRS has released data showing the percentage of income taxes paid by Americans. Courtesy of the National Taxpayers Union, the table below shows, the top 10% of filers paid nearly 71% of all income taxes paid. The share paid by the bottom 50% drops from 3.07% in 2005 to 2.99% in 2006. You can see
previous years here. You can also see "who doesn't pay taxes"
here.
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 |