Top 50 percent of individual taxpayers paid 97 percent of total: $1.7 trillion projected for FY 2018

Top 50 percent of individual taxpayers paid 97 percent of total: $1.7 trillion projected for FY 2018

by WorldTribune Staff, October 15, 2018 The U.S. federal government is expected to take in $1.7 trillion in taxes from individuals in 2018, according to the Congressional Budget Office (CBO). Individual income taxes will account for about half of all federal revenues for Fiscal Year 2018, which ended on Sept. 30, the CBO said. And, […]