
Who Actually Pays Federal Taxes?
Cato Podcast
00:00
Effective Tax Rates by Income Quintile
Chris Edwards cites CBO figures: top 1% pay 32% effective rate, middle quintile about 15%, bottom about 1%.
Play episode from 05:22
Transcript

Chris Edwards cites CBO figures: top 1% pay 32% effective rate, middle quintile about 15%, bottom about 1%.