Friday, July 13, 2012

How Much More Is A Fair Share?

Not only do the top 20% pay almost all the taxes, but the share of taxes paid by the top 1% has increased from 18.4% in 1979 to 38.7% percent in 2009. And as the Tax Foundation also points out in a new study, the share of income taxes paid by the bottom four quintiles has decreased since 1979, particularly since 2007. Finally, according to TF, the share of income earned by the top 1%  is now back to where it was in the mid-1990s.


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home