Ask Marilyn

Albuquerque Journal - Parade - - PICKS - By Marilyn vos Sa­vant —Walt Fos­kett, Wal­nut Creek, Calif.

What per­cent of the to­tal amount of in­di­vid­ual fed­eral in­come taxes is paid by the wealth­i­est Amer­i­cans? In 2014, house­holds with in­comes of $250,000 or more ac­counted for 2.7 per­cent of the re­turns filed. To­gether, they paid about 51.6 per­cent of the $1.4 tril­lion in in­come tax the fed­eral gov­ern­ment col­lected that year. Their av­er­age tax rate was 25.7 per­cent.

House­holds with in­comes be­low $50,000 ac­counted for 62.3 per­cent of the re­turns. Col­lec­tively, they paid about 5.7 per­cent of the to­tal amount of in­come tax col­lected by the fed­eral gov­ern­ment. Their av­er­age tax rate was 4.3 per­cent.

These fig­ures were gath­ered from the Pew Re­search Cen­ter in Wash­ing­ton, D.C.

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