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income tax

It has been said throughout history that middle class pays more income tax than the upper class, but is it true? It is always assumed that the middle class pays more tax, but the upper class pays about 39.6% of the income tax according to the tax bracket shown in figure 1.1 The middle class pays about 15% of income tax. Income tax is a tax that the government imposes on financial income.Though the rich may pay more tax due to the income earned by them, but the poor and the middle class are highly affected by the income taxes due to the their gross income. The topic between the middle class paying more income tax than the upper class has been an issue for decades. Based on a survey conducted by Gallup website on tax burden political parties tend to lean one way or another when it comes to income tax as it may benefit them. The median income in the United States in the year 2012 was about $51,017, leaving about 15% of the population to be considered in the Poverty.2
According to figure 1, which is 2013 Tax Bracket provided by the IRS, it is shown that the middle class only pays about 15% of the tax, and the upper class pays about 39.6% of the tax. Though middle class may pay less, but it is still very effective to them as their gross income is smaller than the upper class. A single Filer who earns between $8,926 and $36,850 pays 15%, and a single filer who earns $400,001 and up pays about 39.6%. The rich pays more, but it does not affect them because they are not dependent on wages or salaries like middle class is. Upper class mostly earns their income from businesses and entrepreneurs, but the middle class population earns from working under a

Patel 2 management, while earning a minimum wage. The rich earns more m...

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On a federal level, middle class does not pay more income tax, but on a local and state level, where regressive taxes are enforced middle class pays more taxes than the upper class as their income is lower than the rich. My thesis failed due to the evidence provided through the research. It has been said that throughout history middle class pays more income tax than the upper class but based on the research, middle class only pays about 15% of the income tax while the top 1% pays about 39.6% of the federal tax. Some of the argument about the middle class paying more taxation may be true but the overall middle class does not pay more than the upper class. Through research it is also explained that the politicians tend to lean towards a certain party. The rich earn more money therefore the tax bracket does not affect them as much as it does to the middle class.

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