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Tax Time

Economics


  • Top 1% (>$293,415 /yr) pay more than 1/3 of income taxes
  • Top 5% (>$120,846 /yr) pay 55% of income taxes
  • Bottom 50% (~$26,415 /yr) pay 4% of income taxes


Source: Yahoo (1999 data)

Posted: 2002-04-09 13:41:00


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