Who Pays Income Taxes? See Who Pays What
For Tax Year 2005
| Percentiles Ranked by AGI | AGI Threshold on Percentiles | Percentage of Federal Personal Income Tax Paid |
| Top 1% | $364,657 | 39.38 |
| Top 5% | $145,283 | 59.67 |
| Top 10% | $103,912 | 70.30 |
| Top 25% | $62,068 | 85.99 |
| Top 50% | $30,881 | 96.93 |
| Bottom 50% | <$30,881 | 3.07 |
| Note: AGI is Adjusted Gross Income | ||
Honestly no one likes paying taxes at all. I am lucky that I do Forex trading and this is a business where I am not required to pay any taxes in my country, it is seriously helpful and saves so much money while I am also using swap free account powered by OctaFX broker, so that further helps me with performance well and even continue making huge profits consistently without any trouble or any wanted cuts as far taxes are concerned.
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