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You always hear complaints about how the top 1% of taxpayers does not pay it’s fair share of taxes.

Thankfully, anyone interested can see the actual numbers.  GOBankingRates .com did us the favor of compiling the average taxes paid and the average tax rates on the top 1% of taxpayers according to the latest IRS data.

The data shows some interesting facts.  To be in the top 1% in Michigan your average income is $1,281,000 and you pay $312,000 in federal taxes.  By comparison, to be in the top 1% in California your average income would be $2,239,000 and you would pay average $590,000 in federal taxes.
Also, interesting, if you look at the combined rate of taxes, Florida is the lowest at 25.2 % mainly because there is no state tax.

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