Top 10 Percent of Earners Paid 71 Percent of Federal Income Taxes
Top earners are the main target of tax increases, but the federal income tax system is already highly progressive. The top 10 percent of income earners paid 71 percent of all federal income taxes in 2010, though they earned only 45 percent of all income. The bottom 50 percent paid 2 percent of income taxes, but earned 12 percent of income.
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SHARE OF FEDERAL INCOME TAXES AND INCOME EARNED IN 2010
Source: Internal Revenue Service.