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bbinacan

(7,047 posts) Sat Jul 14, 2012, 05:18 PM Jul 2012

Taxes And Your Share By Income [View all]

With so much talk about taxes and fair share, I thought I'd see what my share and my burden by percentile is. Have some fun and try it for yourself.

Here's an income calculator to show your percentile:

http://blogs.wsj.com/economics/2011/10/19/what-percent-are-you/

Next, do a search and see where you stand on the tax burden. I found mine to be enlightening.

10 replies

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Taxes And Your Share By Income [View all] bbinacan Jul 2012 OP

$250,000 is the 97th percentile. RC Jul 2012 #1

We need to increase revenue without hurting the working class. Where do you suggest the line be? Incitatus Jul 2012 #2

We should not hurt the working class bbinacan Jul 2012 #3

After decuctions, if you are still over 250k taxable the amount of additional taxes you have to pay Incitatus Jul 2012 #10

$250,000 is a sop to make us think something is being done. RC Jul 2012 #4

Thanks for the clarification. Incitatus Jul 2012 #9

My sole income is social security, so I am at the poverty level. n/t RebelOne Jul 2012 #5

You're Welcome bbinacan Jul 2012 #6

It probably is the case that they paid into SSI all their lives as most of us have Vincardog Jul 2012 #7

Federal Income Tax Brackets by Tax Year (calculator at website) steve2470 Jul 2012 #8