2011 Tax numbers

Discussion in 'Blazers OT Forum' started by BrianFromWA, Nov 6, 2012.

  1. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    Gregg Easterbrook's TMQ article brought up the link that I'd been looking for for 2011 taxes.

    http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=3277

    Per the link, the numbers for the quintiles (AGI) are:

    Lowest 20%: up to $16,812
    20-40%: $16,813 to $33,542
    40-60%: $33,543 to $59,486
    60-80%: $59,486 to $103,465
    80-90%: $103,466 to $163,173
    90-95%: $163,174 to $210,998
    95-99%: $210,999 to $532,613
    99-99.9%: $532,613 to $2,178,886

    On average, everyone who makes <~46k AGI is getting paid to live here by the others, and is able to partake of the benefits quoted above.
     
  2. jlprk

    jlprk The ESPN mod is insane.

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    The people at the top should subsidize capitalism the most because without it, they wouldn't be at the top.

    You might call the process which elevated them to the top a subsidy that they receive continuously.
     

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