- Apr 12, 2005
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http://www.foxnews.com/politics/201...n-answering-what-fair-share-taxes-looks-like/
You got the top 2 percent paying almost half of all income taxes. Is that fair?
IRS figures show the top 1 percent of earners take home 16.9 percent of the nation's total income, but pay 36.7 percent of the nation's income taxes.
The top 5 percent take home a little more than 31 percent of total income but pay almost 59 percent of all income taxes.
For the bottom 50 percent of taxpayers, the average rate is 1.85 percent.