Friday, December 09, 2005

Tax Burdens

TaxProfBlog has a breakdown of individual tax burdens. The heaviest falls on people making $10,000 to $20,000 a year. They pay 17.4% of their income in taxes. The lightest burden falls on those making more than a million dollars a year. They pay only 0.2% of their income in taxes. (TaxProfBlog, HT: Raw Story)

1 comment:

Ryan Holiday said...

that's actually not true at all.

have you actually seen the tax brackets?

the more you make the more you pay

the highest being like 35-40%