The Wall Street Journal ran a weekend article just before Thanksgiving that recapped the taxes paid by all taxpayers in 2014. I like articles like this that helps me put in perspective how I am doing compared to everyone else.
In 2014 there were 148 million tax returns filed. Almost 125 million or 84% earned less than $100,000. The next 12% of filers earned between $100,000 and $200,000. The next 3% earned between $200,000 and $500,000. The top 1% earned more than $500,000.
Between $500,000 and $1 million was just .5% of taxpayers. Between $1 million and $5 million was .2% with 43,000 taxpayers or .03% earned more than $5 million.
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