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How much taxes are paid by the poor, middle class and rich

by Catherine on February 12, 2010

in Other

Day 12 of 28 Days of Tax Data

From Political Math

Here is a graph showing how the rich make more income and pay even more in taxes. While the  upper middle class pay about the same percentage in taxes as the make. Finally the lower 60% pay less in taxes then their % of the nation income.


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1 Alex

I wonder what percentage each person pays from their total income for each of the eight percentiles listed there. I think that, if anything, in my opinion, could possibly show inequality. An interesting view can be seen here http://vimeo.com/7857584 that is a pretty recent conference, so you might be unfamiliar with some of the things talked about, in that case, if you like to explore, there are torrents you can download and many forums on the site for discussion.

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2 www.Stock-MD.com

Yes, this is how the wealthy like to show that the tax system is progressively fair. Unfortunately, if you really want to understand any government economic information, it would need to be presented on a per capita or in this case per taxpayer/household basis. But of course the government/media very rairly show it that way.

To translate, 1% of the people make 67% of the income but only pay 27% of the taxes. To put it another way, the richest 1% make almost 100 times more income than poorest 20% but they only pay 27 times more of the tax burden.

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