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Wednesday, July 23, 2008
The Top 10
Posted by: John Campbell at 11:57 AM
A few days ago, the IRS has released data showing the percentage of income taxes paid by Americans.  Courtesy of the National Taxpayers Union, the table below shows, the top 10% of filers paid nearly 71% of all income taxes paid. The share paid by the bottom 50% drops from 3.07% in 2005 to 2.99% in 2006. You can see previous years here. You can also see "who doesn't pay taxes" here.

For Tax Year 2006

Percentiles Ranked by AGI

AGI Threshold on Percentiles

Percentage of Federal Personal Income Tax Paid

Top 1%

$388,806

39.89

Top 5%

$153,542

60.14

Top 10%

$108,904

70.79

Top 25%

$64,702

86.27

Top 50%

$31,987

97.01

Bottom 50%

<$31,987

2.99

Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service

 






Tuesday, December 04, 2007
TAX FOUNDATION: MITT raised taxes more than HUCK!
Posted by: Kevin McCullough at 7:55 AM


"Governor you raised taxes more than me..."

Michael Medved broke down the numbers this morning... and basically cites both men as exemplary leaders - but on the cold hard facts - Mitt raised taxes slightly more than Huck...

According to figures from the non-partisan Tax Foundation (based on data from the Bureau of Economic Analysis, Department of Commerce), Huckabee’s term as governor (1996-2007) led to a modest increase in the overall State-Local tax burden for Arkansas: from 10.1% in the year he became governor to 11.1% the last year he served. In terms of overall tax burden (state-local-federal) Arkansas remained virtually unchanged--- from 30.3% (39th among the 50 states) to 30.5% (32nd place).

Mitt Romney, on the other hand, saw sharper increases in taxes during his single gubernatorial term (2003 to 2007) in Massachusetts. The state-local burden rose from 9.8% the year of his election to 10.5% his last year as governor. Meanwhile, the total tax burden went up from 31.2% to 33.9% -- vaulting Massachusetts from 9th place to 7th place in the nation.

These numbers don’t prove that Huckabee was a great governor, or that Romney was a poor governor: actually, both men count as exemplary public servants and authentic conservatives (and both of them have taken Grover Norquist’s “No New Taxes” Pledge—in contrast to their rivals Giuliani, Thompson and McCain, who have refused to do so). Both candidates deserve respect for doing a solid job in handling state legislatures with overwhelming Democratic majorities and scoring some notable achievements as governor (though both states flipped to Democratic control in 2006).

For those who are interested in the truth, however, the growth of the tax burden in Arkansas under 11 years of Huckabee looks no worse (and actually a tad better) than the growth of taxes in Massachusetts under 4 years of Romney.






Wednesday, November 14, 2007
(Video) Huckabee HEARTS Taxes
Posted by: Kevin McCullough at 6:36 AM


...is Huck THE poster child for big-government tax-hike?



Tags: huckabee loves taxes



Sunday, September 09, 2007
Tax-funded Islamic Brainwashing - What YOU are paying for!
Posted by: Kevin McCullough at 12:30 PM

Liberals: Funding Our Destruction
By Kevin McCullough
Sunday, September 9, 2007

Send an email to Kevin McCullough

My newest syndicated column out today! Your taxes are paying for Islamic indoctrination of public school students, and on the eve of 9/11 - I just don't think that's smart! What about you?





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Regarding college...
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born alive - so...
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