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  2. Progressivity in United States income tax - Wikipedia

    en.wikipedia.org/wiki/Progressivity_in_United...

    The second quintile earned 8.4%. It paid a net -0.3% of income taxes, meaning in aggregate this quintile received slightly more back in income tax credits than it paid in income taxes. It paid 4.4% of all federal taxes. The lowest quintile earned 4.0% of all income and received a net -3.0% income tax credits. It paid 1.0% of all federal taxes.

  3. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes. This table does not include federal tax revenue data from U.S. Armed Forces personnel stationed overseas, U.S. territories other than Puerto Rico, and U.S. citizens and legal residents living ...

  4. List of taxes - Wikipedia

    en.wikipedia.org/wiki/List_of_taxes

    Pay-as-you-earn tax is a tax paid on each paycheck to pay towards income tax. It is commonly refunded when taxpayers file income tax returns. Withholding tax is money withheld from a paycheck, often to contribute to income tax liability.

  5. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive, meaning that the tax rate increases with increased income. Over the last 20 years, this has meant that the bottom 50% of taxpayers have always paid less than 5% of ...

  6. Income inequality in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_inequality_in_the...

    "Most of the burden of the ACA fell on households in the top 1% of the income distribution, and relatively little fell on the remainder of households in that quintile. Households in the top 1% paid an additional $21,000, primarily because of the net investment income tax and the additional Medicare tax."

  7. Alleged racist rants of Yellowstone park shooter uncovered in ...

    www.aol.com/alleged-racist-rants-yellowstone...

    Just after midnight on July 4, Yellowstone's 911 dispatch center received a report that a woman had been held against her will by a man with a gun in her dorm residence.

  8. Former Allianz employee spared prison time over $7 billion ...

    www.aol.com/news/former-allianz-employee-spared...

    A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic that caused an estimated $7 billion of ...

  9. Affluence in the United States - Wikipedia

    en.wikipedia.org/wiki/Affluence_in_the_United_States

    Two income-earner households are more common among the top quintile of households than the general population: 2006 U.S. Census Bureau data indicates that over three quarters, 76%, of households in the top quintile, with annual incomes exceeding $91,200, had two or more income earners compared to just 42% among the general population and a ...

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