,,Are Taxes Exceptionally Concentrated At The Top?

Are Taxes Exceptionally Concentrated At The Top?


Publication Date: April 2004

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Isaac Shapiro; Robert Greenstein; Joel Friedman

Research Area: Banking and finance

Keywords: Tax code; Federal budget; Income diversity; Economic inequality

Type: Report


The Treasury Department recently released a fact sheet on who pays the federal income tax. The fact sheet makes two main points: that “the individual income tax is highly progressive — a small group of higher income taxpayers pay most of the individual income tax each year,” and that this burden has increased as a result of the tax cuts enacted under the Bush Administration.