UAE !!
There are a great number of companies that are considered to be the top five. These companies vary based on who you talk to.
Well, I'm not sure where you define wealthy...but the upper 50% of the wage earners pay @97% of all tax collections, and the lower ones only @3%. The upper of the upper pay a disproportionate share of that too, the Top 1% of earners = 37% of taxes paid, the next bracket 2-5% accounts for another 20%. So about 57% paid by the top 5%. Especially as this is for Personal Income Tax only, and many of the more wealthy have much of the income taxed (some would say double taxed) by in the Corporate returns of those corporations they control/own.Also, this is of those filing returns. The percentage of people whose income is, because of deductions/exemptions below where they have to file returns, and with things like Earned Income tax credits, actually get more back than they might pay, is huge...something like 40% of the populace. And of course, the lower earners pay at much reduced rate anyway.Some quick statistics: The top 1% of earners pay 21.20% of all taxes paid at an average rate of 24%, the top 2 - 5% of earners pay 14.55% of all taxes at an average of 18% (Top 5% pay @36% of all tax) The bottom 50% pay 3% of all tax collected at an average rate of 2.98%.See link for full discussion, and chart that holds format.Number of Returns with Positive AGI AGI ($ millions) Income Taxes Paid ($ millions) Group's Share of Total AGI Group's Share of Income Taxes Income Split Point Average Tax Rate All Taxpayers 130,371,156 $6,875,123 $831,890 100.00% 100.00% - 12.10% Top 1% 1,303,712 $1,306,417 $306,902 19.00% 36.89% > $328,049 23.49% Top 2-5% 5,214,846 $993,178 $168,322 14.45% 20.23% 16.95% Top 5% 6,518,558 $2,299,595 $475,224 33.45% 57.13% > $137,056 20.67% Top 6-10% 6,518,558 $749,680 $92,049 10.90% 11.07% 12.28% Top 10% 13,037,116 $3,049,275 $567,273 44.35% 68.19% > $99,112 18.60% Top 11-25% 19,555,673 $1,497,126 $138,642 21.78% 16.67% 9.26% Top 25% 32,592,789 $4,546,401 $705,915 66.13% 84.86% > $60,041 15.53% Top 26-50% 32,592,789 $1,406,380 $98,556 20.46% 11.85% 7.01% Top 50% 65,185,578 $5,952,781 $804,471 86.58% 96.70% > $30,122 13.51% Bottom 50% 65,185,578 922,342 27,419 13.42% 3.30% > $30,122 2.97%See the Related Links for "http://www.taxfoundation.org/taxdata/show/250.html" to the bottom for the answer.
The top 5 richest companies in the U.K are 1. British Petroleum ( B.P ) 2. HSBC Holdings 3. Tesco 4. Vodafone Group 5. Barclays
The companies that offer cheap stock trading are Scottrade, Optionshouse, SogoTrade, E*trade, and TradeKing. There are many more companies but these are the top 5.
Some of the companies that have received the best ratings for a loan mortgage refinance are Lending Tree and Quicken Loans. Some others in the top 5 are Bank of America, Chase Mortgage and Wells Fargo. One can read reviews and compare options on the Top 10 Reviews website.
Primerica, Microsoft, Apple, Dell, Boeing
Primerica, Microsoft, Apple, Dell, Boeing
In Canada, pretty much anyone earning over $100,000 is in the top 5 to 10 % of income earners. Statistics Canada data will bear this out.
Primerica, Microsoft, Apple, Dell, Boeing
Primerica, Microsoft, Apple, Dell, Boeing
Primerica, Microsoft, Apple, Dell, Boeing
"Including all tax returns that had a positive AGI [adjusted gross income], taxpayers with an AGI of $153,542 or more in 2006 constituted the nation's top 5 percent of earners. To break into the top 1 percent, a tax return had to have an AGI of $388,806 or more. The top-earning 25 percent of taxpayers [have an] AGI over $64,702." http://www.taxfoundation.org/news/show/250.html
These numbers are for Federal Income Tax for 2008.The top 50% paid 97.3% of all Federal Income taxes collected.The top 10% paid 69.9%The top 5% paid 58.7%The top 1% paid 38.2%The bottom 50% of income earners only paid 2.7% of the total Federal Income tax in 2008
Household income levels that place one in the top 5 percent vary by location and change over time. However, at a national level in the United States, earning around $200,000 per year would typically put a household in the top 5 percent of income earners.
According to census data from 2007 income, the top 5% of the US population earns $177,000 per year or more. This is yearly income, not total wealth. Don't ignore their significant investments, business equity, real estate holdings and all their other assets. In 1999, the top 5% of the US population held 68% of the nations financial wealth and 59% of the economy's net worth. The bottom 20% holds statistically zero wealth. The top 2% of the US population have a yearly income of $250,000 and up. The top 1% have a yearly income of $12.7 million and up. When reading wealth comparisons, be careful of the numbers. For example, one might say it is unfair for the top 1% to pay 60% of all taxes (numbers I've made up). This is due to their enormous income. That 60% represents a tiny change in rate. 2008 Arizona rates, for example, are 2.59% of total income for the lowest bracket, and 4.54% for the highest. The very rich are only paying 2% more of their total income. Since the 1960's, tax rates have gone down for low earners, up for relatively high earners, and down for very high earners.
Approximately 10% of Canadian income earners make over $100,000 annually.
As of my last update, Amway is often cited as one of the companies with the highest number of six-figure income earners in the direct selling industry. However, companies like Herbalife and other multi-level marketing firms also report a significant number of high earners. The exact figures can vary over time and depend on various factors, including market conditions and company performance. For the most accurate and current information, it's best to refer to the latest earnings disclosures or industry reports.