Greg Mankiw's Blog: The Progressivity of Taxes and Transfers
Because transfer payments are, in effect, the opposite of taxes, it
makes sense to look not just at taxes paid, but at taxes paid minus
transfers received. For 2009, the most recent year available, here are
taxes less transfers as a percentage of market income (income that
households earned from their work and savings):
Bottom quintile: -301 percent
Second quintile: -42 percent
Middle quintile: -5 percent
Fourth quintile: 10 percent
Highest quintile: 22 percent
Top one percent: 28 percent
No comments:
Post a Comment