Top 1% of US earners pay 40% of income tax
In the United States, the top 1% of earners contribute 40% of income tax revenue.
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40 %
Top 1% of US earners pay 40% of income tax
The fact
This trend is also seen in the UK and France, where tax systems help reduce inequality.
However, this imbalance could have counterproductive effects on the economy.
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