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The Top 1% - do they deserve to get clobbered?

August 03, 2009

Last week the Tax Foundation reported that the top 1% of taxpayers pays more income tax than the bottom 95%. That leads to the question: is it because they have so much of the nation's income? The Tax Policy Blog addresses that question, showing that the top 1% of earners share of the income tax burden is about twice their share of the national income.

Tags: tax policy.Tax Policy Blog.

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