How Much do Americans Really Pay in Taxes?

According to the Joint Congressional Committee on Taxation, the average U.S. taxpayer pays 10.1% in income taxes. Many at the bottom pay little or no income tax at all, and some even receive more back in credits than they pay in. On the other hand, the top federal marginal rate is 39.6% with several brackets […]

How Much do Americans Really Pay in Taxes? Read More ยป