The top 1% of income earners makes 18.8 percent of all income and pays 28.3 percent of all taxes makes 27.6 percent of all income and pays 18.1 percent of all taxes. makes 55.1 percent of all income and pays 68.7 percent of all taxes. makes 68.7 percent of all income and pays 55.1 percent of all taxes.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter16: The Public Sector
Section: Chapter Questions
Problem 17SQ
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The top 1% of income earners
makes 18.8 percent of all income and pays 28.3 percent of all taxes
makes 27.6 percent of all income and pays 18.1 percent of all taxes.
makes 55.1 percent of all income and pays 68.7 percent of all taxes.
makes 68.7 percent of all income and pays 55.1 percent of all taxes.
Transcribed Image Text:The top 1% of income earners makes 18.8 percent of all income and pays 28.3 percent of all taxes makes 27.6 percent of all income and pays 18.1 percent of all taxes. makes 55.1 percent of all income and pays 68.7 percent of all taxes. makes 68.7 percent of all income and pays 55.1 percent of all taxes.
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