"Capitalism: A Love Story"
| By Mike Collins - Sep 15th, 2009 at 6:40 pm EDT |
| Also listed in: Adams County | Broom Brigade | Veterans for Progress |
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Categories: Equality / Civil Rights, Peace & Social Justice, Economic Fairness & Security, Effective & Ethical Government, Affordable Healthcare, Consumer and Worker Protection, Media Accountability, Corporate Accountability / Workers' Rights, Budget Priorities
Categories: Equality / Civil Rights, Peace & Social Justice, Economic Fairness & Security, Effective & Ethical Government, Affordable Healthcare, Consumer and Worker Protection, Media Accountability, Corporate Accountability / Workers' Rights, Budget Priorities
I just had to throw this chart in. According to these statistics, 95 percent of all American wage earners are chumps for change, pocket change that is. And the point of the rat race is? Michael Moores email below the chart. MC
For Tax Year 2007
Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
$410,096
40.42
Top 5%
$160,041
60.63
Top 10%
$113,018
71.22
Top 25%
$66,532
86.59
Top 50%
$32,879
97.11
Bottom 50%
For Tax Year 2007
Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
$410,096
40.42
Top 5%
$160,041
60.63
Top 10%
$113,018
71.22
Top 25%
$66,532
86.59
Top 50%
$32,879
97.11
Bottom 50%
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