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Top 3% of America's taxpayers paid majority of income taxes in 2016
The top .001 per cent - 1,400 taxpayers - paid as much as bottom 50 per cent
In 2016, U.S. government collected a total of $1.44trillion in income tax

Americans who earned in the top 1 per cent paid more individual income tax than the bottom 90 per cent combined in 2016, according to new figures released by the Internal Revenue Service.

The bottom 50 per cent paid the same amount of income tax as the top 0.001 per cent, according to the IRS figures compiled by Bloomberg.

That means approximately 1,400 taxpayers - who make up the top .001 per cent - paid 3.25 per cent of all income taxes.

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