By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: U.S. Tax Code Is One of World’s Most Progressive
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > U.S. Tax Code Is One of World’s Most Progressive
Business

U.S. Tax Code Is One of World’s Most Progressive

JohnCGoodman
JohnCGoodman
Share
2 Min Read
SHARE

Writing in The Washington Times, Cato Institute Senior Fellow Richard Rahn explains that the United States tax code is one of the most progressive in the world. Over the past 30 years it has actually become much more progressive.

  • The top 1 percent of taxpayers pay 38 percent of all the income taxes despite having just 20 percent of the income.
  • The top 10 percent of taxpayers pay 70 percent of the income tax while having just 46 percent of the income.
  • At the other end, the bottom 50 percent of taxpayers pay just 2.7 percent of the income tax while having 13 percent of the income.

According to Rahn, this has increased government spending:

This has resulted in a situation in which a relatively small minority of taxpayers pay the bulk of the taxes, while most American pay little or no income tax. This is causing an increasing disconnect between benefits from government and what most citizens pay for. One result is a greater polarization in the political realm where a majority of citizens increasingly demand more government benefits for which they want others to pay.

Reversing course and making the tax code less progressive would temper demand for new government services when people realize they will have to pay for those services through higher taxes.

More Read

Finding Outlier Physicians
From the Health Innovator’s Collaborative: Providing Better Care with Less
Shared Risk Reimbursement: 5 Challenges and Opportunities for Radiology
Thought Leader Qualities Every Doctor Needs to Use
Welcome to HealthWorksCollective!
Your Digital Marketing Tool Belt for Clinical Trial Recruitment: Paid Ads (Search and Social)
TAGGED:health care businesstaxes
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

FinanceHealth care

Try These Tips On How To Handle Medical Expense Debt

December 10, 2019

Mistakes Practices Make On Their Website and Social Media

April 4, 2016

Unnecessary Health Care Expenditures

September 13, 2012
eHealthHospital AdministrationNewsPolicy & LawTechnology

Cost of Non-Compliance with HIPAA and HITECH

October 11, 2017
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?