Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

October 08, 2016

Hillary Clinton is a One Percenter

I suppose you can tell I see no point in adding much information into the chaosphere. I suppose I learned you can't lead a dead horse to water.  Since our schools are producing deadheads, things will only decline, so I am working on what I can do as we approach a Marxist state in support of an oligarchy.

I am working on a book about the lake of the capacity to think, these days, called "Reason in the Age of Subversion." Who know if I am spitting into the wind. Something to do, I guess.

Nonetheless, this is interesting. From Forbes:

Where Do You Rank as a Taxpayer?

Hillary Clinton paid millions in federal income tax last year. Donald Trump might have paid $0 for many, many years. You probably fall somewhere in between. This special tool shows where you stand...

...Hillary Clinton’s 2015 tax return shows that she and husband Bill reported adjusted gross income of $10,594,529 and paid $3,624,455 in federal income taxes.  [Reported taxes from thieves.]


The question getting the lion’s share of attention is whether Donald Trump pays federal income taxes at all and, if not, whether that makes him smart, as he says, or unpatriotic, as Hillary Clinton suggests.

  • Her $10,594,529 adjusted gross income (AGI) puts her in the top 1% of earners.
  • The top-earning 1% of taxpayers reported 19.0% of all AGI and paid 37.8% of total income taxes.
  • Together, she and the other 1.4 million taxpayers with incomes of $428,713 or more paid a total of $466 billion in federal income taxes.

How much do you need to make to be in the top 50% of earners? Just $36,841. 

Fall below that level, and you are in the bottom half, along with about 69 million of your fellow taxpayers. All told, that group earned just 11.5% of the AGI reported on 2013 federal returns. And they paid 2.78% of all the income taxes paid.

Income Category 2013 AGI Percent of
All Income
Percent of
Income Taxes Paid
Top 1%Over $428,71219.0%37.8%
Top 5%Over $179,75934.4%58.6%
Top 10%Over $127,69445.9%69.8%
Top 25%Over $74,95468.1%86.3%
Top 50%Over $36,84088.5%97.2%
Bottom 50%Over $36,84011.5%2.8% 

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