Which Age Group Shares the Largest Share of the Tax Burden?
According to the IRS:
- The largest share of the income tax burden (29 percent) is borne by filers between the age of 45 and 55.
- The next largest share (23 percent) is borne by tax filers between the ages of 55 and 65.
- Taxpayers under the age of 35 bear just 11 percent of the total burden.
- Taxpayers over the age of 65 pay 16 percent of the total burden.
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