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How much revenue does each income tax bracket generate?

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UrbScotty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-05 09:26 PM
Original message
How much revenue does each income tax bracket generate?
I.E. How much tax revenue comes from those who fall in the 33% bracket, the 25% bracket, etc.?

I'd especially appreciate historical info. I'm working on a project to show how the tax burden has shifted under the Bush Presidency.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-05 10:21 PM
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1. Don't forget to add in the 40% of FICA taxes
paid on the first $90,000 of income that get sucked into the general fund and used as income tax.

Also don't forget to compare total percent of tax burden per quintile with the percentage of property they own and the percentage of income they enjoy.
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seasat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-01-05 09:45 AM
Response to Original message
2. This may help.
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