Who Pays Income Taxes? See Who Pays What

Wow! The top 50% pay 97% of the taxes, and the top 1% pay nearly 40%.For more info, click the link below. The charts look pretty much the same for the past 10 years. http://www.ntu.org/main/page.php?PageID=6

For Tax Year 2006

Percentiles Ranked by AGI	AGI Threshold on Percentiles	Percentage of Federal Personal Income Tax Paid
Top 1%	$388,806	39.89
Top 5%	$153,542	60.14
Top 10%	$108,904	70.79
Top 25%	$64,702	86.27
Top 50%	$31,987	97.01
Bottom 50%	<$31,987	2.99
Note: AGI is Adjusted Gross Income Source: Internal Revenue Service