Who Pays Federal Taxes?


The top 1% of all filers paid about 35% of all federal income taxes in 2011, the most recent year IRS has analyzed.  Filers need to have adjusted gross income (AGI) of at least $388,905 to qualify for the top 1% of earners.

The highest 5% paid 56.5% of total income tax.  They each had AGI of at least $167,728.

The top 10% of filers, those with AGIs of $120,136 or more, bore 68.3% of the total tax burden.

The bottom 50% of filers paid 2.9% of the total tax burden.

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