In the 1980s, marginal tax rates on high income taxpayers fell from 70
In the 1980s, marginal tax rates on high income taxpayers fell from 70 to 28 percent. Tax revenues coming from the top 1 percent of income earners _____.
a. fell as a percentage of income
b. fell in total, but not as a percentage of income taxes paid by all taxpayers
c. fell compared to middle-class taxpayers
d. increased as a percentage of income taxes paid by all taxpayers
ANSWER
d
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