9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income 4
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent of
Federal Taxes
With Provision
Average Federal Tax Rate6
Without
Provision
With
Provision
Without
Provision
29.3
30.2
28.4
30.2
8.2
26.5
70.7
69.8
71.6
69.8
91.8
73.5
-4.7
-3.4
-1.2
-0.5
0.0
-0.9
26.8
37.8
20.2
12.9
1.8
100.0
628
1,103
655
501
86
640
77.7
34.1
7.0
2.5
0.1
3.3
1.2
3.7
9.6
17.2
68.1
100.0
2.0
4.8
10.0
17.1
66.0
100.0
5.7
9.1
14.2
17.5
26.3
20.6
10.0
12.2
15.2
17.9
26.4
21.3
15.5
0.9
0.1
0.0
0.0
84.5
99.1
99.9
100.0
100.0
-0.1
0.0
0.0
0.0
0.0
1.8
0.1
0.0
0.0
0.0
162
10
1
0
0
0.4
0.0
0.0
0.0
0.0
13.7
10.4
15.3
28.7
13.8
13.3
10.1
14.8
27.8
13.4
20.3
22.1
25.6
34.0
35.4
20.4
22.1
25.6
34.0
35.4
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Number
(thousands)
Pre-Tax Income
Average
(dollars)
Percent of
Total
Average
Federal Tax
Rate 6
1.2
3.7
9.6
17.2
68.1
100.0
13,495
32,450
56,826
95,198
267,005
74,152
5.0
9.6
15.1
21.1
49.4
100.0
5.7
9.1
14.2
17.5
26.3
20.6
13.7
10.4
15.3
28.7
13.8
146,397
205,261
332,274
1,641,165
7,200,948
13.9
9.5
11.5
14.4
6.5
20.3
22.1
25.6
34.0
35.4
Federal Tax Burden
Percent of
Total
Average
(dollars)
Percent of
Total
Average
(dollars)
47,928
38,408
34,598
28,795
24,050
175,149
27.4
21.9
19.8
16.4
13.7
100.0
14,303
35,687
66,196
115,334
362,407
93,387
4.2
8.4
14.0
20.3
53.3
100.0
808
3,236
9,371
20,136
95,402
19,235
12,363
6,035
4,510
1,142
118
7.1
3.5
2.6
0.7
0.1
183,634
263,531
446,734
2,487,202
11,152,691
13.9
9.7
12.3
17.4
8.0
37,237
58,269
114,460
846,036
3,951,743
Percent of
Total
After-Tax Income 5
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions). Baseline: 4.5
Proposal: 4.5
* Less than 0.05
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class
but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The breaks are (in 2015
dollars): 20% $22,769; 40% $44,590; 60% $78,129; 80% $138,265; 90% $204,070; 95% $290,298; 99% $709,166; 99.9% $3,474,762.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash
income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units4
With Benefit
Without
Benefit
Percent Change
in After-Tax
Income5
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent
With Provision
Average Federal Tax Rate6
Without
Provision
With
Provision
Without
Provision
41.6
32.8
29.3
22.4
1.3
26.5
58.4
67.2
70.8
77.6
98.7
73.5
-8.5
-3.7
-1.1
-0.3
0.0
-0.9
38.0
35.0
18.0
8.2
0.2
100.0
1,103
1,059
580
282
8
640
277.3
43.7
7.8
1.7
0.0
3.3
0.5
2.7
7.7
16.6
72.4
100.0
1.7
3.7
8.0
16.4
70.0
100.0
3.0
7.7
12.8
17.0
26.0
20.6
11.2
11.1
13.8
17.3
26.0
21.3
2.4
0.2
*
0.0
0.0
97.6
99.8
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.0
0.0
0.0
15
2
0
0
0
0.1
0.0
0.0
0.0
0.0
14.8
11.3
16.7
29.6
14.4
14.3
11.0
16.2
28.6
14.0
20.1
22.0
25.2
33.8
35.4
20.1
22.0
25.2
33.8
35.4
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Number
(thousands)
Pre-Tax Income
Percent of
Total
Average
(dollars)
Percent of
Total
Average
Federal Tax
Rate 6
398
2,422
7,422
17,140
79,836
19,235
0.5
2.7
7.7
16.6
72.4
100.0
12,957
29,037
50,722
83,435
227,648
74,152
3.9
8.3
13.6
21.0
53.5
100.0
3.0
7.7
12.8
17.0
26.0
20.6
31,588
49,874
96,820
748,469
3,517,809
14.8
11.3
16.7
29.6
14.4
125,590
177,094
287,658
1,463,085
6,410,126
15.2
10.4
12.9
15.0
6.8
20.1
22.0
25.2
33.8
35.4
Federal Tax Burden
Percent of
Total
Average
(dollars)
Percent of
Total
38,635
37,089
34,845
32,680
30,530
175,149
22.1
21.2
19.9
18.7
17.4
100.0
13,355
31,459
58,145
100,574
307,484
93,387
3.2
7.1
12.4
20.1
57.4
100.0
15,743
7,640
5,817
1,331
138
9.0
4.4
3.3
0.8
0.1
157,179
226,968
384,479
2,211,554
9,927,935
15.1
10.6
13.7
18.0
8.4
Average
(dollars)
After-Tax Income 5
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class
but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are
adjusted for family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80%
$87,501; 90% $126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash
income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table - Single Tax Units
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income 4
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent of
Federal Taxes
With Provision
Average Federal Tax Rate6
Without
Provision
With
Provision
Without
Provision
25.5
8.2
3.4
1.5
0.1
10.5
74.6
91.8
96.6
98.5
99.9
89.5
-2.7
-0.7
-0.1
0.0
0.0
-0.3
58.9
31.2
8.1
1.3
0.0
100.0
261
158
52
11
0
129
32.8
7.2
0.9
0.1
0.0
1.5
2.6
6.3
13.7
22.3
54.8
100.0
3.4
6.7
13.6
22.0
54.0
100.0
7.7
8.9
13.8
18.4
26.0
18.6
10.2
9.5
13.9
18.4
26.0
18.9
0.2
*
0.0
0.0
0.0
99.8
100.0
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1
0
0
0
0
0.0
0.0
0.0
0.0
0.0
15.7
9.2
11.3
18.6
10.1
15.5
9.1
11.1
18.4
9.9
21.3
22.4
25.6
36.1
36.9
21.3
22.4
25.6
36.1
36.9
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Pre-Tax Income
Average
(dollars)
Percent of
Total
Average
Federal Tax
Rate 6
2.6
6.3
13.7
22.3
54.8
100.0
9,592
22,780
38,072
59,633
139,688
38,905
7.2
14.8
19.6
22.7
35.6
100.0
7.7
8.9
13.8
18.4
26.0
18.6
15.7
9.2
11.3
18.6
10.1
88,497
122,381
195,541
1,105,359
4,553,088
13.3
7.3
7.5
7.6
3.9
21.3
22.4
25.6
36.1
36.9
Federal Tax Burden
Number
(thousands)
Percent of
Total
Average
(dollars)
Percent of
Total
Average
(dollars)
25,643
22,364
17,713
13,039
8,760
88,250
29.1
25.3
20.1
14.8
9.9
100.0
10,390
24,997
44,152
73,076
188,815
47,807
6.3
13.3
18.5
22.6
39.2
100.0
797
2,217
6,079
13,443
49,127
8,902
5,173
2,040
1,313
235
30
5.9
2.3
1.5
0.3
0.0
112,379
157,742
262,867
1,728,411
7,214,631
13.8
7.6
8.2
9.6
5.1
23,881
35,361
67,326
623,051
2,661,543
Percent of
Total
After-Tax Income 5
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class
but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are
adjusted for family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80%
$87,501; 90% $126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash
income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table - Married Tax Units Filing Jointly
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income 4
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent of
Federal Taxes
With Provision
Average Federal Tax Rate6
Without
Provision
With
Provision
Without
Provision
53.0
52.1
46.8
35.4
1.8
29.4
47.0
47.9
53.2
64.6
98.3
70.6
-9.6
-4.0
-1.4
-0.5
0.0
-0.5
23.6
28.1
27.0
19.8
0.5
100.0
1,884
1,628
939
476
10
650
475.2
48.9
10.2
2.4
0.0
1.6
0.1
0.9
4.3
13.7
80.7
100.0
0.5
1.4
4.7
13.8
79.4
100.0
2.0
7.5
11.9
16.3
25.9
22.3
11.4
11.2
13.2
16.7
25.9
22.7
3.5
0.3
*
0.0
0.0
96.5
99.8
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.0
20
2
1
0
0
0.1
0.0
0.0
0.0
0.0
14.6
12.5
19.6
34.0
15.8
14.4
12.3
19.3
33.5
15.5
19.6
21.8
25.1
33.4
35.1
19.6
21.8
25.1
33.4
35.1
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Pre-Tax Income
Average
(dollars)
Percent of
Total
Average
Federal Tax
Rate 6
0.1
0.9
4.3
13.7
80.7
100.0
19,572
41,048
67,674
103,297
269,272
137,722
1.2
3.4
9.2
20.3
66.4
100.0
2.0
7.5
11.9
16.3
25.9
22.3
14.6
12.5
19.6
34.0
15.8
147,343
200,679
318,783
1,520,177
6,902,602
17.2
12.8
16.8
19.5
8.4
19.6
21.8
25.1
33.4
35.1
Federal Tax Burden
Number
(thousands)
Percent of
Total
Average
(dollars)
Percent of
Total
Average
(dollars)
4,789
6,598
10,962
15,897
19,931
58,693
8.2
11.2
18.7
27.1
34.0
100.0
19,969
44,377
76,843
123,355
363,398
177,317
0.9
2.8
8.1
18.8
69.6
100.0
396
3,329
9,169
20,058
94,127
39,595
9,458
5,171
4,265
1,037
98
16.1
8.8
7.3
1.8
0.2
183,289
256,707
425,552
2,283,157
10,634,442
16.7
12.8
17.4
22.7
10.1
35,946
56,028
106,769
762,980
3,731,840
Percent of
Total
After-Tax Income 5
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class
but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are
adjusted for family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80%
$87,501; 90% $126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash
income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table - Head of Household Tax Units
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income 4
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent of
Federal Taxes
With Provision
Average Federal Tax Rate6
Without
Provision
With
Provision
Without
Provision
88.8
89.8
79.7
47.4
3.1
77.8
11.2
10.2
20.4
52.6
96.9
22.2
-17.1
-8.8
-2.8
-0.6
0.0
-4.9
43.2
40.0
14.2
2.4
0.1
100.0
3,434
3,281
1,629
484
31
2,466
-354.0
155.3
20.1
2.7
0.1
33.4
-4.1
8.6
23.7
30.0
41.7
100.0
7.8
16.5
21.3
23.1
31.3
100.0
-5.1
5.4
12.1
17.4
25.1
12.9
12.9
13.7
14.5
17.8
25.1
17.2
4.5
0.8
0.1
0.0
0.0
95.5
99.2
99.9
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
47
4
0
0
0
0.2
0.0
0.0
0.0
0.0
13.7
7.3
7.1
13.7
7.9
10.3
5.5
5.3
10.2
5.9
20.9
22.6
25.3
33.9
35.6
20.9
22.6
25.3
33.9
35.6
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Pre-Tax Income
Average
(dollars)
Percent of
Total
Average
Federal Tax
Rate 6
-4.1
8.6
23.7
30.0
41.7
100.0
20,061
37,392
59,070
86,041
184,920
49,883
12.5
22.5
25.5
21.1
18.4
100.0
-5.1
5.4
12.1
17.4
25.1
12.9
13.7
7.3
7.1
13.7
7.9
122,025
165,886
259,850
1,696,545
8,219,869
7.7
3.7
3.1
3.9
2.1
20.9
22.6
25.3
33.9
35.6
Federal Tax Burden
Number
(thousands)
Percent of
Total
Average
(dollars)
Percent of
Total
Average
(dollars)
7,819
7,577
5,430
3,080
1,251
25,211
31.0
30.1
21.5
12.2
5.0
100.0
19,092
39,505
67,186
104,121
246,898
57,257
10.3
20.7
25.3
22.2
21.4
100.0
-970
2,113
8,116
18,081
61,978
7,374
794
279
149
29
3
3.2
1.1
0.6
0.1
0.0
154,173
214,348
348,066
2,565,671
12,754,642
8.5
4.1
3.6
5.2
2.9
32,148
48,462
88,216
869,126
4,534,773
Percent of
Total
After-Tax Income 5
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class
but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are
adjusted for family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80%
$87,501; 90% $126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash
income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table - Tax Units with Children
Expanded Cash Income
2,3
Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income
4
Share of
Total Benefit
Average Benefit
Dollars
Share of Federal Taxes
Percent of
Federal Taxes
With Provision
6
Average Federal Tax Rate
Without
Provision
With
Provision
Without
Provision
88.7
95.9
90.9
71.7
4.1
71.5
11.4
4.1
9.1
28.3
95.9
28.5
-16.5
-8.2
-2.6
-0.8
0.0
-1.9
36.4
35.0
18.9
9.1
0.2
100.0
3,444
3,361
1,834
913
25
1,965
-406.4
126.8
17.8
3.9
0.0
7.1
-0.6
2.0
7.5
16.7
74.3
100.0
1.8
4.1
8.3
16.2
69.4
100.0
-4.2
6.1
13.0
17.5
26.8
21.0
13.0
13.7
15.3
18.2
26.8
22.5
7.8
0.7
0.1
0.0
0.0
92.2
99.3
99.9
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.0
0.0
0.0
45
6
1
0
0
0.1
0.0
0.0
0.0
0.0
14.2
10.9
17.6
31.6
14.4
13.3
10.2
16.4
29.5
13.4
20.4
22.5
26.3
34.0
35.1
20.5
22.5
26.3
34.0
35.1
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Pre-Tax Income
Average
(dollars)
Federal Tax Burden
Percent of
Total
Average
(dollars)
After-Tax Income
Percent of
Total
Average
(dollars)
5
Percent of
Total
Average
Federal Tax
Number
(thousands)
Percent of
Total
10,545
10,412
10,278
9,936
9,395
50,858
20.7
20.5
20.2
19.5
18.5
100.0
20,042
43,750
79,692
135,306
418,075
132,410
3.1
6.8
12.2
20.0
58.3
100.0
-847
2,650
10,333
23,703
111,846
27,798
-0.6
2.0
7.5
16.7
74.3
100.0
20,890
41,100
69,359
111,603
306,229
104,612
4.1
8.0
13.4
20.8
54.1
100.0
-4.2
6.1
13.0
17.5
26.8
21.0
4,733
2,303
1,875
485
47
9.3
4.5
3.7
1.0
0.1
207,910
297,303
504,132
2,709,751
12,350,360
14.6
10.2
14.0
19.5
8.6
42,477
67,008
132,453
922,023
4,338,853
14.2
10.9
17.6
31.6
14.4
165,433
230,295
371,679
1,787,728
8,011,507
14.7
10.0
13.1
16.3
7.1
20.4
22.5
26.3
34.0
35.1
Rate
6
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
Note: Tax units with children are those claiming an exemption for children at home or away from home.
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class but are
included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for
family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80% $87,501; 90%
$126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash income.
9-Dec-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0220
Distribution of Benefits of the EITC and CTC
by Expanded Cash Income Percentile, 2018 ¹
Detail Table - Elderly Tax Units
Expanded Cash Income
2,3
Percentile
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Percent of Tax Units
With Benefit
Without
Benefit
Benefit as a
Percent of AfterTax Income
4
Share of
Total Benefit
Average Benefit
Share of Federal Taxes
Percent of
Federal Taxes
Dollars
With Provision
6
Average Federal Tax Rate
Without
Provision
With
Provision
Without
Provision
3.1
2.5
3.7
2.7
0.2
2.6
96.9
97.5
96.3
97.3
99.8
97.4
-0.7
-0.3
-0.1
0.0
0.0
-0.1
26.6
37.6
24.2
9.8
0.4
100.0
81
67
52
26
1
48
31.8
9.2
1.6
0.2
0.0
0.3
0.3
1.4
4.9
13.4
79.6
100.0
0.4
1.5
5.0
13.4
79.3
100.0
2.0
2.7
6.2
12.1
25.9
17.8
2.7
2.9
6.3
12.1
25.9
17.9
0.3
0.3
*
0.0
0.0
99.7
99.7
100.0
100.0
100.0
0.0
0.0
0.0
0.0
0.0
0.3
0.1
0.0
0.0
0.0
2
2
0
0
0
0.0
0.0
0.0
0.0
0.0
13.2
10.1
14.8
41.5
23.4
13.2
10.0
14.7
41.4
23.3
17.3
20.2
24.1
34.6
36.0
17.3
20.2
24.1
34.6
36.0
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Percentile, 2018 1
Expanded Cash Income
Percentile2,3
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Tax Units
Pre-Tax Income
Average
(dollars)
Federal Tax Burden
Percent of
Total
Average
(dollars)
After-Tax Income
Percent of
Total
Average
(dollars)
5
Percent of
Total
Average
Federal Tax
Number
(thousands)
Percent of
Total
6,946
11,923
9,869
7,900
6,553
43,684
15.9
27.3
22.6
18.1
15.0
100.0
12,606
26,846
51,053
89,849
299,467
81,831
2.5
9.0
14.1
19.9
54.9
100.0
254
724
3,158
10,842
77,427
14,596
0.3
1.4
4.9
13.4
79.6
100.0
12,352
26,122
47,895
79,007
222,040
67,235
2.9
10.6
16.1
21.3
49.5
100.0
2.0
2.7
6.2
12.1
25.9
17.8
3,507
1,567
1,145
333
44
8.0
3.6
2.6
0.8
0.1
139,330
202,981
340,869
2,294,885
9,333,384
13.7
8.9
10.9
21.4
11.6
24,040
40,937
82,110
794,291
3,362,451
13.2
10.1
14.8
41.5
23.4
115,290
162,044
258,759
1,500,594
5,970,933
13.8
8.6
10.1
17.0
9.0
17.3
20.2
24.1
34.6
36.0
Rate
6
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
* Less than 0.05
Note: Elderly tax units are those with either head or spouse (if filing jointly) age 65 or older.
(1) Calendar year. Table shows the tax benefit under current law of the earned income credit and child tax credit. For a description of TPC's current law baseline, see
http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their respective income class but are
included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/TaxModel/income.cfm
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The incomes used are adjusted for
family size by dividing by the square root of the number of people in the tax unit. The resulting percentile breaks are (in 2015 dollars): 20% $16,353; 40% $30,531; 60% $52,710; 80% $87,501; 90%
$126,779; 95% $176,431; 99% $425,759; 99.9% $2,261,596.
(4) Includes tax units with a change in federal tax burden of $10 or more in absolute value.
(5) After-tax income is expanded cash income less: individual income tax net of refundable credits; corporate income tax; payroll taxes (Social Security and Medicare); estate tax; and excise taxes.
(6) Average federal tax (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, the estate tax, and excise taxes) as a percentage of average expanded cash income.