The top 1 percent of taxpayers generate 24 percent of total federal tax revenues

Share of Federal Tax Revenues in 2022

Source: Tax Policy CenterEmbed Download image
Notes: Federal tax revenues include revenues from the excise tax, estate tax, corporate income tax, payroll tax, and individual income tax. Data are for 2023. Income percentile classes are based on 2022 dollars; a tax unit was in the top 1 percent if its income was $991,000 or higher, as measured by expanded cash income.