Which of the following is true about income earners in the United States?
A) The top 1 percent account for less than 1 percent of the total tax revenue.
B) The lowest 20 percent pay almost 32 percent of the total tax revenue.
C) The highest 20 percent pay less than 40 percent of the total tax revenue.
D) The middle 20 percent contribute more than 60 percent of the total tax revenue.
E) The top 40 percent contribute more than 80 percent of the total tax revenue.
Correct Answer:
Verified
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