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Taxes -- What is our fair share?
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Posted by: Russ Walden ®

03/29/2023, 16:20:09

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New IRS Report Provides Fascinating Glimpse Into Your "Fair Share"

Interesting excerpts:  (Federal taxes only)

*  The top 1% of US taxpayers paid 48% of total US income taxes.
*  The top 10% paid nearly 72% of total income taxes.
*  Meanwhile, the bottom 40% of US income tax filers paid no net income tax at all. And the next group, those making between $30-$50,000 per year, paid an effective rate of just 1.9%.

More interesting stuff at the link.

Regards,
Russ








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