In the United States, the highest quintile of income earners face an average federal tax rate of ________, and the lowest quintile of income earners face an average federal tax rate of ________.

Question

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The highest quintile of income earners in the United States faces an average federal tax rate of approximately 24%, while the lowest quintile faces a much lower average federal tax rate, around 1.5%. This reflects the progressive nature of the U.S. tax system, where higher income earners pay a higher percentage of their income in taxes compared to lower income earners.

In the United States, the Highest Quintile of Income Earners