Article Date:
October 2024
Word Count:
222
Distribution of Average Tax Rates by Income
The Joint Committee on Taxation included this table in its “Present Law and Background on the Income Taxation of High Income and High Wealth Taxpayers” report, which the Senate Committee on Finance used in its September 12, 2024 public hearing.
The table above is just one of many in this report. We included it in this issue because there’s much talk now about who pays and who doesn’t pay taxes. (If you want to examine the full report, click Footnote ... Log in to view full article.
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