Cryptocurrency Q&A
Who pays the most taxes?
Who pays the most taxes?
MysticStar
Thu Jan 16 2025
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6 answers
1214
I'm curious to know which individual or group contributes the largest amount of taxes. Is it a specific industry, high-income earners, or corporations? I want to understand who bears the heaviest tax burden.
6 answers
CryptoGladiator
Sat Jan 18 2025
Data from 2021 reveals the distribution of tax burdens among different income brackets.
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Daniela
Sat Jan 18 2025
The bottom half of taxpayers, comprising a large segment of the population, earned only 10.4 percent of total Adjusted Gross Income (AGI).
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CryptoNerd
Sat Jan 18 2025
Despite their numbers, this group paid only 2.3 percent of all federal individual income taxes.
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Giuseppe
Sat Jan 18 2025
High-income taxpayers contribute significantly to federal income tax revenue.
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Bianca
Sat Jan 18 2025
On the other hand, the top 1 percent of taxpayers earned a substantial portion of total AGI, amounting to 26.3 percent.
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