In 2006, the lowest 40 percent of income earners received net payments equal to 3.6% of total
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In 2006, the lowest 40 percent of income earners received net payments equal to 3.6% of total income tax revenues. The third 20 percent of income earners pay 4.4% of total income tax revenues. That means the lowest 60 percent together pay less than 1% of income tax revenues.
Would a policy that taxed the bottom 60 percent of income earners at a 0% tax rate and reduced redistribution by 1 percent of tax revenue have any merit?
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