Statistics Script

Search This Blog

Tuesday, June 05, 2012

Income Of Top 400 Fell 25% In 2009

Thanks to the stock market crash of 2008, the nation’s 400 highest income taxpayers reported 25% less income in 2009—an average of only $202.4 million each in adjusted gross income each, down from $270.5 million in 2008. The decline was almost entirely due to a drop in the net capital gains they realized. http://www.forbes.com/sites/janetnovack/2012/06/04/irs-reports-income-of-top-400-fell-25-in-2009-as-their-tax-rate-rose-to-19-9/

No comments: