30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
All Tax Units
by Expanded Cash Income Percentile, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
5
Rate
Share of PreTax Income
Number
(thousands)
Percent of
Total
47,873
37,994
34,309
28,563
23,804
173,829
27.5
21.9
19.7
16.4
13.7
100.0
13,822
34,588
64,104
111,926
350,736
90,289
619
2,937
8,893
19,463
92,297
18,447
13,203
31,651
55,210
92,464
258,439
71,842
4.5
8.5
13.9
17.4
26.3
20.4
4.2
8.4
14.0
20.4
53.2
100.0
5.1
9.6
15.2
21.2
49.3
100.0
0.9
3.5
9.5
17.3
68.5
100.0
12,244
5,954
4,469
1,136
116
7.0
3.4
2.6
0.7
0.1
179,199
256,683
435,439
2,358,459
10,572,794
36,308
56,913
112,038
803,252
3,758,027
142,891
199,770
323,402
1,555,207
6,814,767
20.3
22.2
25.7
34.1
35.5
14.0
9.7
12.4
17.1
7.9
14.0
9.5
11.6
14.2
6.4
13.9
10.6
15.6
28.5
13.7
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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% $23,138; 40% $45,264; 60% $80,983; 80% $143,029; 90% $210,021; 95% $296,946; 99% $737,151; 99.9% $3,794,482.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
All Tax Units
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
38,500
36,768
34,673
32,386
30,215
173,829
22.2
21.2
20.0
18.6
17.4
100.0
12,897
30,410
56,279
97,612
297,654
90,289
108
2,162
7,061
16,521
77,306
18,447
12,789
28,248
49,218
81,092
220,348
71,842
0.8
7.1
12.6
16.9
26.0
20.4
3.2
7.1
12.4
20.1
57.3
100.0
3.9
8.3
13.7
21.0
53.3
100.0
0.1
2.5
7.6
16.7
72.8
100.0
15,574
7,554
5,761
1,325
137
9.0
4.4
3.3
0.8
0.1
153,053
221,481
374,624
2,097,094
9,387,224
30,759
48,827
94,871
710,474
3,336,181
122,293
172,653
279,752
1,386,620
6,051,043
20.1
22.1
25.3
33.9
35.5
15.2
10.7
13.8
17.7
8.2
15.3
10.4
12.9
14.7
6.7
14.9
11.5
17.1
29.4
14.3
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
Single Tax Units
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
25,771
22,085
17,629
12,917
8,651
87,711
29.4
25.2
20.1
14.7
9.9
100.0
10,050
24,110
42,753
70,781
182,542
46,094
660
2,105
5,855
12,963
47,550
8,524
9,390
22,005
36,898
57,818
134,992
37,570
6.6
8.7
13.7
18.3
26.1
18.5
6.4
13.2
18.6
22.6
39.1
100.0
7.3
14.8
19.7
22.7
35.4
100.0
2.3
6.2
13.8
22.4
55.0
100.0
5,125
1,964
1,326
235
30
5.8
2.2
1.5
0.3
0.0
108,890
153,603
254,397
1,625,315
6,766,161
23,098
34,625
65,489
587,648
2,509,002
85,792
118,978
188,908
1,037,667
4,257,159
21.2
22.5
25.7
36.2
37.1
13.8
7.5
8.3
9.5
4.9
13.3
7.1
7.6
7.4
3.8
15.8
9.1
11.6
18.5
9.9
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
Married Tax Units Filing Jointly
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
4,845
6,635
10,941
15,780
19,778
58,490
8.3
11.3
18.7
27.0
33.8
100.0
19,373
42,828
74,284
119,752
351,559
171,089
-168
2,798
8,664
19,328
91,062
38,008
19,542
40,030
65,620
100,424
260,497
133,080
-0.9
6.5
11.7
16.1
25.9
22.2
0.9
2.8
8.1
18.9
69.5
100.0
1.2
3.4
9.2
20.4
66.2
100.0
*
0.8
4.3
13.7
81.0
100.0
9,378
5,171
4,200
1,029
98
16.0
8.8
7.2
1.8
0.2
178,734
249,637
416,268
2,174,712
10,085,724
35,064
54,646
105,055
727,302
3,548,238
143,670
194,990
311,213
1,447,410
6,537,486
19.6
21.9
25.2
33.4
35.2
16.8
12.9
17.5
22.4
9.9
17.3
13.0
16.8
19.1
8.2
14.8
12.7
19.9
33.7
15.6
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
* Less than 0.05
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
Head of Household Tax Units
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
7,518
7,504
5,359
3,030
1,208
24,670
30.5
30.4
21.7
12.3
4.9
100.0
18,536
38,178
65,123
101,263
239,320
55,565
-1,672
1,627
7,577
17,389
60,166
6,719
20,208
36,551
57,545
83,874
179,154
48,846
-9.0
4.3
11.6
17.2
25.1
12.1
10.2
20.9
25.5
22.4
21.1
100.0
12.6
22.8
25.6
21.1
18.0
100.0
-7.6
7.4
24.5
31.8
43.9
100.0
764
275
141
29
3
3.1
1.1
0.6
0.1
0.0
150,092
208,187
340,016
2,431,909
11,965,051
31,478
47,192
85,891
826,440
4,272,936
118,614
160,995
254,126
1,605,469
7,692,115
21.0
22.7
25.3
34.0
35.7
8.4
4.2
3.5
5.1
2.8
7.5
3.7
3.0
3.8
2.0
14.5
7.8
7.3
14.2
8.3
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
Tax Units with Children
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
10,328
10,347
10,172
9,918
9,451
50,501
20.5
20.5
20.1
19.6
18.7
100.0
19,501
42,353
77,201
131,425
402,106
128,805
-1,643
2,023
9,716
22,722
107,331
26,632
21,145
40,330
67,485
108,702
294,775
102,173
-8.4
4.8
12.6
17.3
26.7
20.7
3.1
6.7
12.1
20.0
58.4
100.0
4.2
8.1
13.3
20.9
54.0
100.0
-1.3
1.6
7.4
16.8
75.4
100.0
4,773
2,296
1,898
484
47
9.5
4.6
3.8
1.0
0.1
202,302
288,984
489,351
2,567,278
11,633,073
41,239
65,312
128,853
874,131
4,096,088
161,063
223,673
360,497
1,693,147
7,536,985
20.4
22.6
26.3
34.1
35.2
14.9
10.2
14.3
19.1
8.4
14.9
10.0
13.3
15.9
6.8
14.6
11.2
18.2
31.5
14.3
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.
30-Jun-15
PRELIMINARY RESULTS - REVISED
http://www.taxpolicycenter.org
Table T15-0041
Baseline Distribution of Income and Federal Taxes
Elderly Tax Units
by Expanded Cash Income Percentile Adjusted for Family Size, 2017 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
Average Income
(Dollars)
Average Federal
Tax Burden
(Dollars)
Average AfterTax Income4
(Dollars)
Percent of
Total
Share of
Post-Tax
Income
Percent of
Total
Share of
Federal
Taxes
Percent of
Total
Average
Federal Tax
Rate5
Share of PreTax Income
Number
(thousands)
Percent of
Total
6,899
11,476
9,643
7,605
6,310
42,388
16.3
27.1
22.8
17.9
14.9
100.0
12,255
25,910
49,654
87,103
290,305
78,932
213
688
3,043
10,436
75,173
14,042
12,042
25,221
46,610
76,667
215,131
64,889
1.7
2.7
6.1
12.0
25.9
17.8
2.5
8.9
14.3
19.8
54.8
100.0
3.0
10.5
16.3
21.2
49.4
100.0
0.3
1.3
4.9
13.3
79.7
100.0
3,343
1,538
1,103
326
44
7.9
3.6
2.6
0.8
0.1
135,339
198,671
331,770
2,171,045
8,734,431
23,311
40,235
80,662
753,117
3,159,441
112,028
158,436
251,107
1,417,928
5,574,990
17.2
20.3
24.3
34.7
36.2
13.5
9.1
10.9
21.2
11.4
13.6
8.9
10.1
16.8
8.8
13.1
10.4
14.9
41.3
23.2
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.5
(1) Calendar year. Baseline is current law. For a description of current law, 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 the square root of the number of people in the tax units. The breaks are (in 2015 dollars): 20% $16,140; 40% $30,246;
60% $52,236; 80% $86,897; 90% $126,027; 95% $175,764; 99% $421,189; 99.9% $2,183,693.
(4) 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.
(5) 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.