Top 20% pay more than 80% of income taxes

April 11, 2015 1:40 PM

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Top 20% pay more than 80% of income taxes

Who pays what in income taxes? With April 15 just around the corner, filers may be curious about where they fit into the system as a whole.

The individual income tax remains the most important levy in the U.S., providing nearly half of federal revenue. The top 20% pay more than 80% of income taxes.

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