Who Pays Federal Income Taxes? Latest Federal Income Tax Data (opens in new tab)

Covered by 3 sources including reason.com, Fortune

New IRS data shows the US federal income tax system continues to be progressive as high-income taxpayers pay the highest average income tax rates. Average tax rates for all income groups remain lower after the Tax Cuts and Jobs Act (TCJA).

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Covered in 3 articles

reason.com·

Rich Americans Pay a Higher Share of Taxes Than the Wealthy in Most Countries

Fortune

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Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax

Yahoo Finance·