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Friday, December 17, 2010

Summary of Latest Federal Individual Income Tax Data

Interesting data....the top 50% pays for 97% of the govt spending

The top 5 % of taxpayers pays 60% of the govt spending; as well, the % being paid is up over the years, even though there has been tax cuts. Hmmmm.....lower tax rates = higher tax revenues. Its the facts.

The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

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