Evil, Evil, Rich People

Evil, Evil, Rich People

Damn you evil rich bastards!! You fund 75% of the nations taxes, damn you all to hell!!
Oh yeah, they are very generous also…..how could they! 

How will households at different income levels pay federal income, payroll, corporate and estate taxes for 2013?

Despite claims that those at the top aren’t paying their “fair share,” the Tax Policy Center reports that the often-maligned “1%” will have an average income of $1.4 million, paying $514,144 in taxes. They’ll foot over 30 percent of the total bill.

The top 20 percent of Americans, meanwhile, will pay nearly 72 percent of the federal tax burden.

Here’s how the Associated Press breaks it down

Bottom 20 percent

Average income: $10,552.
Average tax bill: -$284.
Average tax rate: -2.7 percent.
Share of federal tax burden: -0.4 percent.

Middle 20 percent

Average income: $46,562.
Average tax bill: $6,436.
Average tax rate: 13.8 percent.
Share of federal tax burden: 8.6 percent.

Top 20 percent

Average income: $204,490.
Average tax bill: $55,533.
Average tax rate: 27.2 percent.
Share of federal tax burden: 71.8 percent.

Top 1 percent

Average income: $1.4 million.
Average tax bill: $514,144.
Average tax rate: 35.5 percent.
Share of federal tax burden: 30.2 percent.

The bottom 20%? They pay nothing and get the aforementioned credits.

2 thoughts on “Evil, Evil, Rich People

  1. With all due respects My question is:

    1) Bottom 20%
    2) Middle 20%
    3) Top 20%
    4) Top 01%

    That’s 61%……………It’s the remaining 39% (2/5 of the total) I presume fit in between those catagories or are they the unemployed, thus have “0” income?

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