Cartoon – In Another Universe
Tag: earnings
Percentage of Earnings In The U.S.
The top 20 percent of taxpayers—those earning $134,300 or more—account for about 84 percent of all federal income tax revenue. When you include all federal taxes, including those on Social Security and Medicare, the top quintile’s share drops to 67 percent. The top 20 percent earn about 51 percent of total U.S. income.
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