hang on... isn't that graph title just a bit misleading?
it is saying that eg. the top 1% provide 24.1% of all income tax collected. 24.1% is graphically shown as being a proportion of a whole (the block on the right being 100%).
however, the title "How income tax paid varies with level of income" is quite ambiguous, it could also mean that the top 1% pay 24.1% income tax on their earnings (which it doesn't show, at all, but is the obvious next question).
so what %age of the top 1% income is paid as income tax?
hang on... isn't that graph title just a bit misleading?
it is saying that eg. the top 1% provide 24.1% of all income tax collected. 24.1% is graphically shown as being a proportion of a whole (the block on the right being 100%).
however, the title "How income tax paid varies with level of income" is quite ambiguous, it could also mean that the top 1% pay 24.1% income tax on their earnings (which it doesn't show, at all, but is the obvious next question).
so what %age of the top 1% income is paid as income tax?