>Interesting perspective. The bottom 94% may also include those with very high incomes since the top 10% is included in that group as well. Or not, I don't know. In that same vein, the bottom 80% only paid 36.5%.
>
I don't want to harp on it, but the fact that the bottom 80% pay 36.5% of the tax while owning only 20% of the wealth, does not speak well of the fairness of the system. The lower the percentage of wealth ownership, the more onerous the tax burden. It should not work like that.
>
>>Where I'm going with my question is that the bottom 95% pays 64.1% of the taxes. This bottom 95% may be the middle class and lower class. Therefore, they might be paying the majority of the income taxes.
>>
>>>What I have always wanted to see is a breakdown of the tax burden itself (why is it so high) depicting where the tax money is spent...
>>>
>>>
>>>>I can't determine the family income range for each of those categories.
>>>>
>>>>>I guess you are referring to Canada because that simply is not so in the U.S. The facts show otherwise.
>>>>>
>>>>>
http://www.cbpp.org/4-13-05tax.htm>>>>>
http://www.factcheck.org/article280.html>>>>>
>>>>>Share of federal tax burden:
>>>>>
>>>>>
>>>>>Lowest 20% 1.1%
>>>>>Second 20% 5.2%
>>>>>Middle 20% 10.5%
>>>>>Fourth 20% 19.5%
>>>>>Top 20% 63.5%
>>>>>Top 5% 35.9%
>>>>>Top 1% 20.1%
>>>>>
>>>>>
>>>>>While there are many references which claim different amounts, the percentage difference each one sites is very close.