For those out there who think the rich are getting a free ride on the backs of the working class, I offer the following stats, taken directly from the IRS web site . These numbers are from 2002, the latest available, but the point is clear. Now ask yourself the following question - what will the politicians do if the top 3% of taxpayers were to suddenly disappear? A ridiculous question? Just ask the guys under the dome in Sacramento CA. Bob S.
% of Taxpayers (income) % of Total tax revenue 2 5K 0.12 7 >10K 0.44 8 >15K 0.91 7 >20K 1.31 7 >25K 1.75 14 >30K 4.33 11 > 40K 5.01 18 > 50K 12.84 9 > 75K 11.12 9 >100K 20.86 3 >200K 41.27