The Enterprise Blog:  “The top 1 percent of taxpayers paid 40.42 percent of all income taxes collected in 2007 ($451 billion), the highest share in modern history for that group, and more for the first time ever than the entire bottom 95 percent of taxpayers, who paid $439 billion, or 39.4 percent of the total. . . . the tax burden on ‘the rich’—the top 1 percent of taxpayers—reached a record high in 2007 of more than 40 percent, and was higher after the Bush tax cuts than before.”

Related posts:

  1. Alternative Minimum Tax Time Bomb Explodes in 2010
  2. Tax Burden of Top 1% Now Exceeds That of Bottom 95%
  3. 47% of U.S. Pays No Federal Income Tax
  4. Taxpayers Face Uncertainty in 2011 As Bush and Obama Tax Cuts Expire
  5. How the Expiring Bush Tax Cuts Affect You
  6. Estimate Your 2011 Federal Income Tax with the Tax Calculator
  7. The Income Tax Ranking Calculator – See Where Your Income Puts You in Relation to All Other U.S. Taxpayers
  8. Obama Tax Hikes: Higher Dividend Taxes Hurt Seniors
  9. Expiration of Bush Tax Cuts will Hit Poorest Hardest
  10. Evil Bush Tax Rates Made Rich Bastards Pay More Taxes!