No the top 20% of earners do not pay 80% of the taxes. The top...

  1. Dave R
    58,089 Posts.
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    31/12/19
    10:17
    Post #: 42173023
    No the top 20% of earners do not pay 80% of the taxes. The top 20% of taxable incomes pay 80% of taxes.
    Gross earnings and taxable incomes are two different things.
    Top earners on say ten million dollars a year can have a taxable income of zero and pay no tax.
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