- Kreskin, you`re amazing! In fact if stupidity was a virtue of the Catholic Church, I`d be putting you up for sainthood right about now.
- Below is a table which I presume is straightforward enough for even you to read. It details how much by percentage of total taxes is paid by the people in the different income groups in America.
- As even you can see, the top 1% pay about 37% of the total income taxes while the top 10% pay over 70% of the total income taxes. At the other end, those who benefit the most from the dispersement of various public programs, services and entitlements drawn from these taxes - the bottom 50% - pay almost no income taxes at all, about 2% of the total.
- Will you now explain to us what exactly you and your hero BO mean by paying one`s fair share of taxes. Since the table below is deemed unfair by you, I presume that you won`t be happy until the top 1% or 5% or maybe 10% pay all the taxes and everyone else waits by the mail box for their monthly government cheques. But maybe, just maybe, you actually have something sane and useful to contribute in this regard although your hero BO does not. He`s just trying to whip up the class envy among the morons to help get him re-elected in November.
- The floor is yours, Kreskin. Amaze us.
Who Pays Income Taxes and How Much?
Tax Year 2009
Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
$343,927
36.73
Top 5%
$154,643
58.66
Top 10%
$112,124
70.47
Top 25%
$66,193
87.30
Top 50%
$32,396
97.75
Bottom 50%
<$32,396
2.25
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service