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The 43% of US income tax filers earning $50k or less make up 10% of total income and pay -4.8% of federal income taxes (negative b/c they get a refundable credit on average).
The 10% of taxpayers earning $200k or more earn 44% of the total income and pay $80% of federal taxes.
The 10% of taxpayers earning $200k or more earn 44% of the total income and pay $80% of federal taxes.
Average federal income tax rates by income ranges...
Individual income taxes provided 54% of US federal government revenue, more than any other source.
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