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Chart of the Day: Tax Share

Samuel A. Kiburz Apr 18, 2023
total income tax shown in blue, total income in grey

Contents

Today’s Chart of the Day from the Wall Street Journal shows the share of taxes paid vs. the share of total income. The $100,000-$500,000 range is pretty even, while those making more than $1 million, who only have a 15% share, pay nearly 40% of total taxes.

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