Quote:
Originally Posted by MaxWilson
Only the first statement is true, according to the IRS. Top 5% on the 2006 doc pays 55% of the taxes, and has 31% of the adjusted gross income.
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My apologies then.
I'd poked around after Chris's post and found a source giving something around 48% income for the top 5%. That probably wasn't adjusted gross income, which may account for some of the disparity. A quick look didn't find the source again. Maybe later...