More on tax progressivity

Adding on to my own analysis about time series trends in income tax progressivity, Professor Munger offers this analysis from the Tax Policy Center.

  • In 2012, the top quintile of the income distribution received 52.5 percent of income and paid 68.3 percent of federal taxes.
    Source: Tax Policy Center Table T12-0200.
Share of cash income by income quintile 2012

Share of Federal Taxes by Income Quintile 2012

This series includes payroll and other taxes that weren’t included in my analysis. It would be nice to get a time series on this as well.

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