I’ve been playing around with IRS data between meetings conference calls today and bumping into some cool stats from the latest 2009 data.
The bottom 50% of taxpayers in 2009 paid 2.25% of all taxes (on 13.48% of “adjusted” gross income which obviously includes a generous standard deduction). That’s down from 6.46% in 1986. The average tax rate for people in the bottom 50% was 1.85%.