18Jul2005 Taxes Filed under Generalby Joyful People complain that the wealthy uses loopholes and avoid paying taxes. But look at the facts: In 2001, the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.3 percent) of all individual income taxes, but reported roughly one-third (32.0 percent) of income. The top 1 percent of taxpayers…Read more of “Taxes”→