In 1980, the Top 1 Percent of Earners Paid 19

Multiple Choice

In 1980, the top 1 percent of earners paid 19.1 percent of the federal personal income tax. By 2008, the share of this tax collected from the top 1 percent of earners

A) had declined to less than 15 percent.
B) was still slightly less than 20 percent.
C) had risen to approximately 25 percent.
D) had risen to over 35 percent.