HEY! LOOK UP NOT DOWN

DO THE NUMBERS
Johann Wagener 9-26-13

1% = 45% of the country's wealth but only 35% in taxes which is almost 50% less than those in the top 20% of taxpayers. That means that those that actually produce less (don't work) make more than those who work for a living. 

Those in the top 20% are wasting their time looking down the scale and whining about someone earning $10,000 a year and paying $200 in federal taxes.  These are the people who could gain the most by simply looking "UP" the income ladder

Here's How Much The 1 Percent Will Pay In Taxes This Year

-- How much households at different income levels will pay in federal income, payroll, corporate and estate taxes for 2013.

Bottom 20 percent

Average income: $10,552.

Average tax bill: -$284.

Average tax rate: -2.7 percent.

Share of federal tax burden: -0.4 percent.

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Middle 20 percent

Average income: $46,562.

Average tax bill: $6,436.

Average tax rate: 13.8 percent.

Share of federal tax burden: 8.6 percent.

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Top 20 percent

Average income: $204,490.

Average tax bill: $55,533.

Average tax rate: 27.2 percent.

Share of federal tax burden: 71.8 percent.

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Top 1 percent

Average income: $1.4 million.

Average tax bill: $514,144.

Average tax rate: 35.5 percent.

Share of federal tax burden: 30.2 percent.