Monday, March 21, 2011

The Richest 10% of Taxpayers Pay A Greater Share Of Taxes In The US Than In OECD Countries

From "No Country Leans on Upper-Income Households as Much as U.S." by Scott A. Hodge:
the top 10 percent of households in the U.S. pays 45.1 percent of all income taxes (both personal income and payroll taxes combined) in the country. Italy is the only other country in which the top 10 percent of households pays more than 40 percent of the income tax burden (42.2%). Meanwhile, the average tax burden for the top decile of households in OECD countries is 31.6 percent.
Read the complete Tax Foundation blog here,

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