Who Pays Income Taxes and how much?
Tax Year 2008
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148"> Percentiles Ranked by AGI
</td> <td valign="top" width="148"> AGI Threshold on Percentiles
</td> <td valign="top" width="148"> Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148"> Top 1%
</td> <td valign="top" width="148"> $380,354
</td> <td valign="top" width="148"> 38.02
</td> </tr> <tr> <td valign="top" width="148"> Top 5%
</td> <td valign="top" width="148"> $159,619
</td> <td valign="top" width="148"> 58.72
</td> </tr> <tr> <td valign="top" width="148"> Top 10%
</td> <td valign="top" width="148"> $113,799
</td> <td valign="top" width="148"> 69.94
</td> </tr> <tr> <td valign="top" width="148"> Top 25%
</td> <td valign="top" width="148"> $67,280
</td> <td valign="top" width="148"> 86.34
</td> </tr> <tr> <td valign="top" width="148"> Top 50%
</td> <td valign="top" width="148"> $33,048
</td> <td valign="top" width="148"> 97.30
</td> </tr> <tr> <td valign="top" width="148"> Bottom 50%
</td> <td valign="top" width="148"> <$33,048
</td> <td valign="top" width="148"> 2.7
</td> </tr> <tr> <td colspan="3" valign="top" width="443"> Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
Tax Year 2007
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$410,096
</td> <td valign="top" width="148">
40.42
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$160,041
</td> <td valign="top" width="148">
60.63
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$113,018
</td> <td valign="top" width="148">
71.22
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$66,532
</td> <td valign="top" width="148">
86.59
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$32,879
</td> <td valign="top" width="148">
97.11
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$32,879
</td> <td valign="top" width="148">
2.89
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
Tax Year 2006
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$388,806
</td> <td valign="top" width="148">
39.89
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$153,542
</td> <td valign="top" width="148">
60.14
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$108,904
</td> <td valign="top" width="148">
70.79
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$64,702
</td> <td valign="top" width="148">
86.27
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$31,987
</td> <td valign="top" width="148">
97.01
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$31,987
</td> <td valign="top" width="148">
2.99
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2005
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$364,657
</td> <td valign="top" width="148">
39.38
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$145,283
</td> <td valign="top" width="148">
59.67
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$103,912
</td> <td valign="top" width="148">
70.30
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$62,068
</td> <td valign="top" width="148">
85.99
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$30,881
</td> <td valign="top" width="148">
96.93
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$30,881
</td> <td valign="top" width="148">
3.07
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2004
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$328,049
</td> <td valign="top" width="148">
36.89
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$137,056
</td> <td valign="top" width="148">
57.13
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$99,112
</td> <td valign="top" width="148">
68.19
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$60,041
</td> <td valign="top" width="148">
84.86
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$30,122
</td> <td valign="top" width="148">
96.70
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$30,122
</td> <td valign="top" width="148">
3.30
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2003
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$295,495
</td> <td valign="top" width="148">
34.27
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$130,080
</td> <td valign="top" width="148">
54.36
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$94,891
</td> <td valign="top" width="148">
65.84
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$57,343
</td> <td valign="top" width="148">
83.88
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$29,019
</td> <td valign="top" width="148">
96.54
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$29,019
</td> <td valign="top" width="148">
3.46
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2002
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$285,424
</td> <td valign="top" width="148">
33.71
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$126,525
</td> <td valign="top" width="148">
53.80
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$92,663
</td> <td valign="top" width="148">
65.73
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$56,401
</td> <td valign="top" width="148">
83.90
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$28,654
</td> <td valign="top" width="148">
96.50
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$28,654
</td> <td valign="top" width="148">
3.50
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2001
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$292,913
</td> <td valign="top" width="148">
33.89
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$127,904
</td> <td valign="top" width="148">
53.25
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$92,754
</td> <td valign="top" width="148">
64.89
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$56,085
</td> <td valign="top" width="148">
82.90
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$28,528
</td> <td valign="top" width="148">
96.03
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$28,528
</td> <td valign="top" width="148">
3.97
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 2000
<table align="center" border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td valign="top" width="148">
Percentiles Ranked by AGI
</td> <td valign="top" width="148">
AGI Threshold on Percentiles
</td> <td valign="top" width="148">
Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148">
Top 1%
</td> <td valign="top" width="148">
$313,469
</td> <td valign="top" width="148">
37.42
</td> </tr> <tr> <td valign="top" width="148">
Top 5%
</td> <td valign="top" width="148">
$128,336
</td> <td valign="top" width="148">
56.47
</td> </tr> <tr> <td valign="top" width="148">
Top 10%
</td> <td valign="top" width="148">
$92,144
</td> <td valign="top" width="148">
67.33
</td> </tr> <tr> <td valign="top" width="148">
Top 25%
</td> <td valign="top" width="148">
$55,225
</td> <td valign="top" width="148">
84.01
</td> </tr> <tr> <td valign="top" width="148">
Top 50%
</td> <td valign="top" width="148">
$27,682
</td> <td valign="top" width="148">
96.09
</td> </tr> <tr> <td valign="top" width="148">
Bottom 50%
</td> <td valign="top" width="148">
<$27,682
</td> <td valign="top" width="148">
3.91
</td> </tr> <tr> <td colspan="3" valign="top" width="443">
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
</td> </tr> </tbody> </table>
For Tax Year 1999
<table align="center" border="1" cellpadding="0" cellspacing="0"><tbody><tr> <td valign="top" width="148"> Percentiles Ranked by AGI
</td> <td valign="top" width="148"> AGI Threshold on Percentiles
</td> <td valign="top" width="148"> Percentage of Federal Personal Income Tax Paid
</td> </tr> <tr> <td valign="top" width="148"> Top 1%
</td> <td valign="top" width="148"> $293,415
</td> <td valign="top" width="148"> 36.18
</td> </tr> <tr> <td valign="top" width="148"> Top 5%
</td> <td valign="top" width="148"> $120,846
</td> <td valign="top" width="148"> 55.45
</td> </tr> <tr> <td valign="top" width="148"> Top 10%
</td> <td valign="top" width="148"> $87,682
</td> <td valign="top" width="148"> 66.45
</td> </tr> <tr> <td valign="top" width="148"> Top 25%
</td> <td valign="top" width="148"> $52,965
</td> <td valign="top" width="148"> 83.54
</td> </tr> <tr> <td valign="top" width="148"> Top 50%
</td> <td valign="top" width="148"> $26,415
</td> <td valign="top" width="148"> 96.00
</td> </tr> <tr> <td valign="top" width="148"> Bottom 50%
</td> <td valign="top" width="148"> <$26,415
</td> <td valign="top" width="148"> 4.00
</td> </tr> <tr> <td colspan="3" valign="top" width="443"> Note: AGI is Adjusted Gross Income
</td></tr></tbody></table>