Top 3% of U.S. Taxpayers Paid Majority of Income Tax in 2016
U.S. Department of the Treasury Internal Revenue Service (IRS) 1040 Individual Income Tax forms for the 2016 tax year are arranged for a photograph in Tiskilwa, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)

Top 3% of U.S. Taxpayers Paid Majority of Income Tax in 2016

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(Bloomberg) -- Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in rough...
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