Sunday, October 23, 2005

Who pays the country's taxes?

If you earn more than $29,019 you are in the top 50% of the country's wage earners. Even better yet, this group of taxpayers pays 96.54%....YES THAT'S RIGHT, 96.54% of all federal income taxes.

So 50% of the country pays 96.54% of the federal income taxes. What the hell is going on?

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