In the 1980s,marginal tax rates on high income taxpayers fell from 70 to 28 percent.Tax revenues coming from the top 1 percent of income earners _____.

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The reduction in marginal tax rates from 70 to 28 percent in the 1980s led to an increase in the percentage of income taxes paid by the top 1 percent of income earners. This is because lower marginal rates can encourage more economic activity and income reporting among high earners, potentially broadening the tax base and increasing the share of taxes paid by this group.

In the 1980s,marginal Tax Rates on High Income Taxpayers Fell