I hopr this comes out so it is readable.

The Congressional Budget Office has just released the figures for 1998. This is the last year for which complete figures are available. Here's your table:

Percentiles Ranked by AGI Adjusted Gross Income Threshold on Percentiles Percentage of Federal Personal Income Tax Paid

Top 1 % $269,496 34.75 %
Top 5 % $114,729 53.84 %
Top 10 % $83,220 65.04 %
Top 25 % $50,607 82.69 %
Top 50 % $25,491 95.79 %
Bottom 50 % $25,491 4.21 %

Every year it's the same story. The Percentage of the income paid by the top income earners increases while the percentage of income taxes paid by the bottom 50 percent of income earners goes down. Every year millions of additional taxpayers all on the low end of the income totem disappear from the tax rolls altogether.

troll