On Fri, 19 Aug 2016 16:37:15 -0500 Curley McLain via Mercedes <mercedes@okiebenz.com> wrote:
> However between 1980 and 2013 when income inequality, as measured by > the Gini Coefficient, expanded by 22.2% the share of federal income > taxes paid by the highest one-fifth of earners rose from 64.7% to 88.0% > while the share paid by the lowest one-fifth declined from +0.1% to > -4.0% (i.e. tax rebates greater than tax payments). Even the middle > income's share dropped from 10.7% to 3.9% over the 33 years. Federal Income Tax vs Income top 20% pay 86.8% of all of the federal income tax collected 45% of tax payers pay no federal income tax second lowest 20% get a payment of $621, when they have paid no tax lowest 20% get a payment of $643, when they have paid no tax _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com