Sunday, November 27, 2016

Who Pays What Taxes In The US

http://www.zerohedge.com/news/2016-11-26/who-pays-what-taxes-us

Why does every election bring renewed focus on the taxes paid by the rich? Simple: while those Americans who declare $500,000 and above in income represent less than 1% of total tax returns, they account for a quarter of taxable income and - more importantly - are responsible for 37% of government revenues collected through individual income taxes.

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