What % do taxpayers pay?
The link below show the % the rich pay - average is around 15-20%
Now compare that to what % YOU pay! Take your last Form 1040. First take the amount on your W-2 (line 1) and add any other income - regardless of partial exemption - (ie Social security)- get that total --- then divide your actual tax by your actual total income. Remember - your tax amount on line 24, is based on your legal deductions. For a married couple that would be at least $29,000!. For the past several years my wife and I (we both work) our tax rate was about 3.5%. So that means the rich are paying about 3-5 times the tax rate I am paying! - So what % of your full income are you paying. (remember - this has NOTHING to do with the amount of your tax withholding! (on the link scroll down about 80% of the way for the tax rate of the rich. - America’s Highest Earners And Their Taxes Revealed
The link below show the % the rich pay - average is around 15-20%
Now compare that to what % YOU pay! Take your last Form 1040. First take the amount on your W-2 (line 1) and add any other income - regardless of partial exemption - (ie Social security)- get that total --- then divide your actual tax by your actual total income. Remember - your tax amount on line 24, is based on your legal deductions. For a married couple that would be at least $29,000!. For the past several years my wife and I (we both work) our tax rate was about 3.5%. So that means the rich are paying about 3-5 times the tax rate I am paying! - So what % of your full income are you paying. (remember - this has NOTHING to do with the amount of your tax withholding! (on the link scroll down about 80% of the way for the tax rate of the rich. - America’s Highest Earners And Their Taxes Revealed
