The Top 50% pay 96.54% of All Income Taxes

mR.cLeAn · **The Top 50% pay 96.54% of All Income Taxes -** 11-10-2005, 12:14 PM

This is the latest data for calendar year 2003 just released in October 2005 by the Internal Revenue Service. The share of total income taxes paid by the top 1% of wage earners rose to 34.27% from 33.71% in 2002. Their income share (not just wages) rose from 16.12% to 16.77%. However,
their average tax rate actually dropped from 27.25% down to 24.31%

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http://www.irs.gov/pub/irs-soi/03in05tr.xls