The top quintile of taxpayers earn a disproportionate share of pre-tax income and pay an even larger share of total federal taxes

Source: The Tax Policy CenterEmbed Download image
Notes: Federal taxes include the excise tax, estate tax, corporate income tax, payroll tax, and individual income tax. Quintiles and pre-tax income are measured by expanded cash income. Each quintile contains one-fifth of the population. Lowest Quintile: Less than $30,000. Second Quintile: $30,001–$58,500. Middle Quintile: $58,501–$103,800. Fourth Quintile: $103,801–$189,200. Top Quintile: More than $189,200. Data are for 2022.