top 10% pay how much in taxes
It still shows the same story: Top earners pay a disproportionately large share of the federal tax burden. The top 10 percent pays 53.3 percent of all federal taxes. When looking at just federal income taxes, they pay 68 percent of the burden.The top 1 percent pays 24 percent of all federal taxes compared to 35 percent of all federal income taxes.The data for total federal taxes come from the Congressional Budget Office.t still shows the same story: Top earners pay a disproportionately large share of the federal tax burden. The top 10 percent pays 53.3 percent of all federal taxes. When looking at just federal income taxes, they pay 68 percent of the burden.
When the the negative 9.1 percent in federal income taxes paid by those in the bottom 40 percent is subtracted from the 109.1 percent paid by those in the top 60 percent, federal tax revenues net out to an even 100 percent.CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nationâs net income taxes in 2010, according to a new study by the Congressional Budget Office.