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Who Pays Federal Income Taxes?
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When it comes to paying
federal income taxes, it is often misunderstood when tax cuts are granted why
the “rich” seem to benefit the most, while the progressives scream that the
blue-collar class deserve the most benefit.
This is wrong simply because the blue-collar class hardly pay any of
these taxes.
Note
the following from the chart: ·
The top 1% pay 35.7% of the taxes for a total of $318 billion ·
The top 25% pay 65.8% of the taxes for a total of $755 billion
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