Op-Ed

A closer look at who does (and doesn’t) pay U.S. income tax

Taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns). By contrast, taxpayers with incomes below $30,000 filed nearly 44% of all returns but paid just 1.4% of all federal income tax.

Continue reading here:

A closer look at who does (and doesn’t) pay U.S. income tax

Tags