State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise...
- Graph: Tax Burden of Top 1% Now Exceeds That of Bottom 95%
Graph: Tax Burden of Top 1% Now Exceeds That of Bottom 95%
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A JPG and PDF are available for download at the bottom of this page.
For an analysis of the most recent IRS data on who pays how much federal individual income tax, see Tax Foundation Fiscal Fact No. 183, at http://www.taxfoundation.org/legacy/show/250.html.
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