3 ms·
https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-... Top 10% share of
by twoodfin 8y ago
https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...
Top 10% share of total AGI: 46.56%
Top 10% share of total income taxes paid: 69.47%
I don’t think nearly 70% is “about half”.
- mikeash 8y agoI don’t think the federal income tax is the only tax that exists. Here is a source that looks at all taxes: https://itep.org/wp-content/uploads/taxday2017.pdf https://itep.org/wp-content/uploads/taxday2017.pdf