Question

In 2016, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid roughly $538 billion, or 37.3 percent of all income taxes, while the bottom 90 percent paid about $440 billion, or 30.5 percent of all income taxes.
What did the missing 9% of taxpayers pay?—-OR—— if $538 billion is 37.3% and $440 billion is 30.5% what is the missing 32.2%

Answer 1

Answer:

$464Billion

Step-by-step explanation:

If 37.3%=$538B

32.2%=?

$By \ Cross \ Multiplying:-\\32.2\%=>\frac{32.2\%*538}{40\%}\\=464.440$

32.2% is roughly $464Billion in taxes