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by dmoy
301 days ago
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> The top 5% of taxpayers in the USA pay 61% of the taxes. Only if you ignore the payroll tax. For the median US worker, they pay ~15% in payroll tax, and significantly less in income tax. The median US worker makes $40k year, paying like $6k in payroll tax and like $2.8k in federal income tax. So yes, if you ignore the majority of tax that the average worker pays, then the top 5% pay the majority of tax. |
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