Monday, December 8, 2008

The Rich Already Pay Their Fair of Taxes

1. The richest 1% of taxpayers paid 40% of the total income taxes in 2006.





2. We know that the largest percentage in the top 1% are new rich because of income mobility data.





3. Denmark : 38-59% The USA's minimum is 23% percentage points lower then Denmark's and 24% points below Denmark's maximum





Belgium: 25-50% The USA's minimum is 10% points lower then Denmark's, and 12% points below Belgium's maximum.



VAT means Value Added Tax.