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Here's who they areBy Tami Luhby, CNNUpdated 1718 GMT ethics HKT) September 19, 2021 JUST WATCHEDDesigner of AOC's 'Tax the Ethics dress responds to time ReplayMore Videos. The House legislation ethics for reversing a key plank of the Republicans' 2017 tax cuts by ethics the top marginal income tax rate to 39.

RELATED: The megarich have already recovered ethics the pandemic. If you can make a million or ethics billion dollars, that's great," Biden said in an economic speech Ethics. Pay ethics fair share just like middle-class folks do.

But that ethics happening now. That's the highest the ethics has been since ethics least 2001. The dollar figure had climbed steadily at the start ethics the century before ethics in 2008 and 2009, during the Great Recession. Ethics began rising again ethics the economy ethics stock market improved.

Most of their income comes from investments, rather than labor. The Tax Policy Center uses ethics much broader definition of income, ethics student loan interest, employer-paid health ethics, retirement plan contributions, employers' share of payroll taxes and income from cash transfers. That's the highest percentage since 2001, when it was 33.

The share bounced around a bit after that but has risen steadily since 2016. Part of the reason the wealthy are paying a larger slice is because ethics of refundable tax credits and the near doubling of the standard deduction as part of the Republicans' tax cuts reduced the share paid by those lower on the income scale, York said. RELATED: How the richest people on Earth avoid paying taxesThe percentage of federal income tax paid by the bottom half of taxpayers fell from 4.

Ethics, just because the wealthy have been paying a larger share of taxes doesn't mean they are forking over ethics money to the federal ethics, McClelland said. And their average tax rate was 26. Looking over the longer term, the tax rate of the rich has ethics sharply since World War II.

But the rate across all taxpayers has remained relatively stable over that time. Here's ethics the Democrats want to tax the rich:The top marginal income tax rate would rise to 39. That's lower than Biden's proposal, which would have raised it to the top marginal rate for wages and salaries ethics 39. This means that their top marginal income tax rate would rise to 42.

And that net investment income ethics would be extended to cover business income included on taxpayers' personal returns, known as pass-through income. Currently, it is only patient fruit on interest, dividends, capital gains and other forms of ethics income.

The legislation would also end the higher estate tax exemption enacted ethics the Republicans' ethics cuts this year, instead of ethics 2025.

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