See Also
Summary of the Latest Federal Income Tax Data, 2024 UpdateTop 4 Red Flags That Trigger an IRS AuditWhat Is an IRS Audit and Who Gets Audited? What You Need to KnowFrequently Asked Questions - Native American Rights FundTop earners remain targets for tax increases, but the federal income tax system is already highly progressive. In 2020, the latest year with available data, the top 1 percent of income earners earned 22 percent of all income and paid 42 percent of all federal income taxes – more than the bottom 90 percent combined (37 percent).
Updated March 9, 2023
Source: Internal Revenue Service
