Debunking The Myth: The Rich Don’t Pay Their Fair Share Of Taxes
As you all know, income taxes are the federal government’s single biggest revenue source. In the fiscal year-end September 30, 2018, individual income taxes are expected to bring in approximately $1.7 trillion, or about half of all federal revenues according to the Congressional Budget Office. A couple of KEY IMPORTANT STATISTICS from the Internal Revenue Service’s 2016 income tax data: Of the $1.44