THE CBO released their annual report on the distribution of household income 2020. This includes all sources of income, taxes and transfers from government to households. The key points:
1. The richest pay a larger share of income by far
2. The rich are paying an increasing proportion of income
3. The ratio of national taxes paid to national income earned is increasing for the rich.
https://www.cbo.gov/system/files/2023-11/59509-household-income_2019-2020.pdf
No comments:
Post a Comment