Site hosted by Angelfire.com: Build your free website today!


Who Pays federal income taxes?


Tax Year
Income group(income base) 1994 1984
Top 1% (above $195,981) 28.7% 21.1%
Top 5% (above $90,913) 47.4% 38.0%
Top 10% (above $68,737) 59.1% 50.6%
top 25% (above $42,734) 79.5% 73.5%
top 50% (above $21,817) 95.2% 92.6%
Bottom 50% (below $21,817) 4.8% 7.4%

Upper-income households pay a rising share of federal

income taxes, with the top 5% now paying nearly

half the total Tax.


Sreeni Meka's Knowledge Bank