Are You Suffering from the Success Tax?

Do you think the Politicians have all of the facts when they make statements about making sure the rich pay there fair share in taxes?

The Federal Reserve recently released new data on income taxes paid in America for 2006.

The results.

People earning over $388,806, the top 1% of income earners, pay 39.89% of all income taxes.
People earning over $153,542, the top 5% of income earners, pay 60.14% of all income taxes.
People earning over $108,904, the top 10% of income earners, pay 70.79% of all income taxes.
People earning over $64,702, the top 25% of income earners, pay 86.27% of all income taxes.
People earning over $31,987,the top 50% of all income earners, pay 97.01% of all income taxes.

Summary - 50% of all income earners in the US (68 million Americans) pay little or no income tax.