Individual income tax revenues in 2008 were $1.03 trillion on AGI of $8.43 trillion, for an effective overall tax rate on the individual American taxpayer of . . . 12.25 percent, to which add social insurance taxes and excise taxes.
The bottom 50 percent of Americans enjoyed a much lower rate, however, than the top 50 percent: 2.59 percent vs. 13.65 percent.
The top 50 percent in 2008 made 7X as much as the bottom 50 percent, and paid 36X as much in taxes.
And liberals say the rich don't pay their fair share.
(source)
The bottom 50 percent of Americans enjoyed a much lower rate, however, than the top 50 percent: 2.59 percent vs. 13.65 percent.
The top 50 percent in 2008 made 7X as much as the bottom 50 percent, and paid 36X as much in taxes.
And liberals say the rich don't pay their fair share.
(source)
