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All income groups pay taxes, but overall the U.S. tax system is progressive.
The top 1 percent of taxpayers generate 26 percent of individual income tax revenues.
Corporate tax revenues are substantially lower than they were before the tax rate was reduced by the TCJA.
Most federal revenues come from individual income and payroll taxes
Corporate and individual tax expenditures are large in comparison to annual taxes collected, as well as to the government’s major programs.
Revenue from corporate income taxes has been decreasing as a share of GDP
The federal government collects revenue from a variety of sources.
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are at very low levels.
SNAP benefits supplement household incomes to help lift people out of poverty.