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True or False: 1. According to the tax foundation, the total 2016 tax bill paid by Americans is about 31% of their total income (ignoring
True or False:
1. According to the tax foundation, the total 2016 tax bill paid by Americans is about 31% of their total income (ignoring budget deficits) which is more than their cost of food, clothing, and housing combined
2. According to the IRS people in the bottom 50 percentile of adjusted gross income in 2013 paid about 3% of the total federal individual income tax
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