Friday, August 05, 2011

Where's the Revenue? (Better: Where's the Income??)

I won't reproduce the charts here, but you can see them.

Total (Fed) tax returns with AGI over $1MM, 2007: 392,222

Total (Fed) tax returns with AGI over $1MM, 2009: 236,883

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Total (Fed) tax returns with AGI over $200K, 2007: 4,535,000

Total (Fed) tax returns with AGI over $200K, 2009: 3,924,000

There was also a decrease in total Fed returns with <$200K AGI.

HT: Thinker

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