- Joined
- Oct 12, 2005
- Messages
- 281,619
- Reaction score
- 100,389
- Location
- Ohio
- Gender
- Male
- Political Leaning
- Libertarian - Right
some more facts to add to the mix
The Tax Foundation - New IRS Data: Tax Code More Progressive in 2004 than in 2000
.
For each income group of U.S. taxpayers, we compare the shares of tax paid to the shares of income earned (see Table1 ). A ratio of tax share to income share for each group in 2000 and 2004 shows how progressivity has increased.
Tax Code Became More Progressive after the Bush Tax Cuts | Publications | National Center for Policy Analysis | NCPA
Do the Rich Pay a Greater Share of the Total Tax Burden? The top 1 percent of earners pays more than one in every three dollars the IRS collects in taxes. Furthermore, data from the Tax Foundation shows that the share of federal income taxes paid by wealthier income groups has increased over time:
From 1986 to 2004, the total share of the income tax burden paid by the top 1 percent of income earners grew from 25.8 percent to 36.9 percent.
During the same period, the total share of the tax burden paid by the bottom 50 percent fell from 6.5 percent to 3.3 percent.
The Tax Foundation - New IRS Data: Tax Code More Progressive in 2004 than in 2000
.
For each income group of U.S. taxpayers, we compare the shares of tax paid to the shares of income earned (see Table1 ). A ratio of tax share to income share for each group in 2000 and 2004 shows how progressivity has increased.
Tax Code Became More Progressive after the Bush Tax Cuts | Publications | National Center for Policy Analysis | NCPA
Do the Rich Pay a Greater Share of the Total Tax Burden? The top 1 percent of earners pays more than one in every three dollars the IRS collects in taxes. Furthermore, data from the Tax Foundation shows that the share of federal income taxes paid by wealthier income groups has increased over time:
From 1986 to 2004, the total share of the income tax burden paid by the top 1 percent of income earners grew from 25.8 percent to 36.9 percent.
During the same period, the total share of the tax burden paid by the bottom 50 percent fell from 6.5 percent to 3.3 percent.