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The Top 20% of Households Pay 88% of Federal Income Taxes
- wahern 8y agoThose numbers are meaningless without knowing the % share of income as well. FWIW, it looks like the top 20% take home ~50% of income: https://www.statista.com/statistics/203247/shares-of-household-income-of-quintiles-in-the-us/ https://www.statista.com/statistics/203247/shares-of-househo... 88% is obviously more than 50%, but when you figure in fixed living expenses, etc, it's not unreasonable on its face. More information (like the breakdown above 20%) would be helpful, but at the very least you need to know the % of income to even begin to be able to understand the implications of tax revenue distributions. This is the case even if you don't believe in progressive taxation at all! The fact that necessary information is missing should be a huge warning sign--it was immediately apparent to me that the site had a strong ideological bias because of this omission, before I realized ATR stood for "Americans for Tax Reform", which I then recognized as a very right-leaning advocacy organization that plays fast & loose with facts.