Question

 What income bracket pays federal income taxes?

Answer All income brackets have people who have federal tax obligations, however, the amount of people who owe any taxes drops precipitously as income levels falls. According to the Tax Policy Center, onl... Read More »
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Top Q&A For: What income bracket pays federal income taxes

What is the Lowest Federal Income Tax Bracket?

The exact ranges for federal income tax brackets changes every year. However, according to the Tax Foundation, the federal government put those who made between $0 and $8,375 in the lowest income b... Read More »
http://www.answerbag.com/q_view/2074627

Who pays the most&least in income taxes?

According to the Tax Policy Center, some 65.6 million Americans (43.4 percent of the total working population) paid no taxes or had the federal government owe them money in 2009. Those in the top o... Read More »
http://www.answerbag.com/q_view/1964207

What group pays the most income taxes?

In the United States, a small group of taxpayers pays two-fifths of all income taxes. According to the Tax Foundation, a nonpartisan educational organization, the top 1 percent of wage earners pai... Read More »
http://www.answerbag.com/q_view/1979506

Who pays the most income taxes in America?

A very small portion of the United States population pays the most in Federal income taxes. The top 1 percent of the American population, with annual incomes of more than $400,000, pays nearly 40 p... Read More »
http://www.answerbag.com/q_view/2078759


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