Friday, September 21, 2012
Redistribution
The top 20% of households earned 51% of the income and paid out 68% of the federal taxes in 2009.
The top 20% of households earned 52% of the income and paid out 64% of the federal taxes in 1998.
“Differences between before- and after-tax inequality are little changed since the mid-1990s,� concluded CBO analysts Ed Harris and Frank Sammartino in an August presentation to a National Bureau of Economic Research conference.
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