[ the actual title of this page:]
http://Great-Liberal-Insights.org/USincome.html

 

Federal Income & Tax Liabilities for All HOUSEHOLDS,
by Income Quintile 1, Using Comprehensive
Household Income, Adjusted for Household Size
Households: Adjusted
Gross Income
Ranges
Average
Pre - Tax
Income
Average
After - Tax
Income
Percent of
"Benefit" 2
Percent of
"Burden" 3
Lowest Quintile $ 0 to 13,700 $ 11,400 $ 10,800 4.0 % 0.9
Second Quintile $ 13,700 to 23,600 $ 28,600 $ 25,000 9.0 % 5.2 %
Middle Quintile $ 23,600 to 34,400 $ 45,100 $ 37,500 13.9 % 10.4 %
Fourth Quintile $ 34,400 to 50,800 $ 65,600 $ 52,500 20.2 % 18.1 %
Highest Quintile $ 50,800 on up $ 167,500 $ 121,600 53.2 % 65.4 %
Notes :
  1. When the total number of HOUSEHOLDS in America is divided into five groups from the fifth of Americans with the least income, to the fifth with the most, the lowest fifth or "quintile" was found to have adjusted growth incomes of under $ 13,700, etc., etc.
  2. Share of Nation's Personal Federal Tax "burden"
  3. Share of Nation's Pre-Tax "benefit"
    This table created by Ray Dubuque for
    www.Great-Liberal-Insights.org/Reasonable/USincome.html
    using data from : Congressional Budget Office ( Oct. 2001 ):
    [ www.cbo.gov/showdoc.cfm?index=3089&sequence=11 ]
    ( reflecting Federal Law as of the year 2000 )

The Case for Progressivism in Tax Policy ("redistribution) :

"Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise." –Thomas Jefferson to James Madison, 1785.

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