23-Jun-15 PRELIMINARY RESULTS Less than 10 10-20

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23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2011 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
15,203
25,652
19,661
15,178
12,708
23,224
14,662
25,027
8,944
1,115
445
163,330
Percent of
Total
9.3
15.7
12.0
9.3
7.8
14.2
9.0
15.3
5.5
0.7
0.3
100.0
Average Income
(Dollars)
5,463
13,922
23,265
32,717
42,077
57,725
81,437
129,520
265,603
630,051
2,734,718
73,398
Average
Federal Tax
Burden
(Dollars)
233
213
792
2,281
4,005
6,788
11,543
21,733
54,902
156,586
741,411
12,131
Average After-Tax
Income 3 (Dollars)
5,229
13,709
22,473
30,436
38,072
50,936
69,894
107,787
210,701
473,466
1,993,308
61,267
Average
Federal Tax
Rate 4
4.3
1.5
3.4
7.0
9.5
11.8
14.2
16.8
20.7
24.9
27.1
16.5
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.7
3.0
3.8
4.1
4.5
11.2
10.0
27.0
19.8
5.9
10.1
100.0
0.8
3.5
4.4
4.6
4.8
11.8
10.2
27.0
18.8
5.3
8.9
100.0
0.2
0.3
0.8
1.8
2.6
8.0
8.5
27.5
24.8
8.8
16.6
100.0
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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2012 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
15,540
25,834
19,625
14,885
13,138
23,618
14,816
25,385
9,214
1,218
565
165,067
Percent of
Total
9.4
15.7
11.9
9.0
8.0
14.3
9.0
15.4
5.6
0.7
0.3
100.0
Average Income
(Dollars)
5,581
14,255
23,753
33,410
42,991
58,949
83,105
132,340
271,848
647,907
2,912,777
78,052
Average
Federal Tax
Burden
(Dollars)
243
203
807
2,302
4,103
7,024
11,904
22,518
56,961
163,191
786,060
13,321
Average After-Tax
Income 3 (Dollars)
5,338
14,053
22,946
31,108
38,888
51,925
71,200
109,822
214,887
484,717
2,126,717
64,731
Average
Federal Tax
Rate 4
4.4
1.4
3.4
6.9
9.5
11.9
14.3
17.0
21.0
25.2
27.0
17.1
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.7
2.9
3.6
3.9
4.4
10.8
9.6
26.1
19.4
6.1
12.8
100.0
0.8
3.4
4.2
4.3
4.8
11.5
9.9
26.1
18.5
5.5
11.3
100.0
0.2
0.2
0.7
1.6
2.5
7.5
8.0
26.0
23.9
9.0
20.2
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.6
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2013 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
15,424
25,980
19,963
15,341
13,257
24,215
14,988
26,552
8,497
1,060
559
167,102
Percent of
Total
9.2
15.6
12.0
9.2
7.9
14.5
9.0
15.9
5.1
0.6
0.3
100.0
Average Income
(Dollars)
5,567
14,482
24,085
33,897
43,610
59,843
84,340
134,318
277,151
672,914
3,010,425
78,099
Average
Federal Tax
Burden
(Dollars)
297
316
1,065
2,738
4,696
7,887
13,199
24,838
62,023
186,712
1,015,581
14,866
Average After-Tax
Income 3 (Dollars)
5,270
14,166
23,021
31,159
38,914
51,957
71,141
109,480
215,128
486,203
1,994,844
63,232
Average
Federal Tax
Rate 4
5.3
2.2
4.4
8.1
10.8
13.2
15.7
18.5
22.4
27.8
33.7
19.0
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.7
2.9
3.7
4.0
4.4
11.1
9.7
27.3
18.0
5.5
12.9
100.0
0.8
3.5
4.4
4.5
4.9
11.9
10.1
27.5
17.3
4.9
10.6
100.0
0.2
0.3
0.9
1.7
2.5
7.7
8.0
26.6
21.2
8.0
22.9
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 3.8
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2014 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
15,347
26,039
20,361
15,765
13,447
24,111
15,175
26,371
9,484
1,204
619
169,165
Percent of
Total
9.1
15.4
12.0
9.3
8.0
14.3
9.0
15.6
5.6
0.7
0.4
100.0
Average Income
(Dollars)
5,652
14,791
24,467
34,432
44,401
60,868
85,803
136,422
279,479
669,814
2,905,211
81,033
Average
Federal Tax
Burden
(Dollars)
302
353
1,097
2,859
4,804
8,063
13,575
25,529
63,664
187,164
983,150
15,737
Average After-Tax
Income 3 (Dollars)
5,349
14,437
23,370
31,573
39,597
52,806
72,228
110,893
215,814
482,650
1,922,062
65,297
Average
Federal Tax
Rate 4
5.4
2.4
4.5
8.3
10.8
13.3
15.8
18.7
22.8
27.9
33.8
19.4
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.6
2.8
3.6
4.0
4.4
10.7
9.5
26.2
19.3
5.9
13.1
100.0
0.7
3.4
4.3
4.5
4.8
11.5
9.9
26.5
18.5
5.3
10.8
100.0
0.2
0.4
0.8
1.7
2.4
7.3
7.7
25.3
22.7
8.5
22.8
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.0
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2015 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
14,727
26,248
20,958
16,159
13,672
24,036
15,591
26,693
9,954
1,284
673
171,259
Percent of
Total
8.6
15.3
12.2
9.4
8.0
14.0
9.1
15.6
5.8
0.8
0.4
100.0
Average Income
(Dollars)
5,642
14,969
24,710
34,754
44,867
61,486
86,698
138,229
282,645
674,624
2,963,371
83,723
Average
Federal Tax
Burden
(Dollars)
379
441
1,149
2,911
4,926
8,148
13,818
26,055
65,087
189,422
1,011,094
16,582
Average After-Tax
Income 3 (Dollars)
5,264
14,529
23,562
31,844
39,942
53,338
72,879
112,174
217,558
485,202
1,952,276
67,140
Average
Federal Tax
Rate 4
6.7
2.9
4.7
8.4
11.0
13.3
15.9
18.9
23.0
28.1
34.1
19.8
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.6
2.7
3.6
3.9
4.3
10.3
9.4
25.7
19.6
6.0
13.9
100.0
0.7
3.3
4.3
4.5
4.8
11.2
9.9
26.0
18.8
5.4
11.4
100.0
0.2
0.4
0.9
1.7
2.4
6.9
7.6
24.5
22.8
8.6
24.0
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.1
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2017 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
14,702
25,348
22,394
16,078
13,210
24,010
16,256
27,808
10,657
1,348
733
173,829
Percent of
Total
8.5
14.6
12.9
9.3
7.6
13.8
9.4
16.0
6.1
0.8
0.4
100.0
Average Income
(Dollars)
5,919
15,734
25,823
36,370
46,825
64,422
90,593
144,829
294,594
702,903
3,164,558
90,289
Average
Federal Tax
Burden
(Dollars)
472
582
1,461
3,189
5,350
8,901
14,721
27,495
68,580
199,877
1,098,223
18,447
Average After-Tax
Income 3 (Dollars)
5,447
15,152
24,362
33,180
41,475
55,522
75,873
117,334
226,014
503,026
2,066,335
71,842
Average
Federal Tax
Rate 4
8.0
3.7
5.7
8.8
11.4
13.8
16.3
19.0
23.3
28.4
34.7
20.4
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.6
2.5
3.7
3.7
3.9
9.9
9.4
25.7
20.0
6.0
14.8
100.0
0.6
3.1
4.4
4.3
4.4
10.7
9.9
26.1
19.3
5.4
12.1
100.0
0.2
0.5
1.0
1.6
2.2
6.7
7.5
23.8
22.8
8.4
25.1
100.0
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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2016 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
14,724
26,039
21,906
16,072
13,205
23,789
15,880
27,265
10,362
1,317
705
172,532
Percent of
Total
8.5
15.1
12.7
9.3
7.7
13.8
9.2
15.8
6.0
0.8
0.4
100.0
Average Income
(Dollars)
5,753
15,359
25,245
35,565
45,784
62,910
88,631
141,622
288,418
686,585
3,064,525
86,987
Average
Federal Tax
Burden
(Dollars)
439
539
1,382
3,153
5,244
8,655
14,527
27,050
67,568
195,971
1,066,076
17,747
Average After-Tax
Income 3 (Dollars)
5,313
14,820
23,863
32,412
40,540
54,255
74,103
114,572
220,849
490,614
1,998,449
69,241
Average
Federal Tax
Rate 4
7.6
3.5
5.5
8.9
11.5
13.8
16.4
19.1
23.4
28.5
34.8
20.4
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.6
2.7
3.7
3.8
4.0
10.0
9.4
25.7
19.9
6.0
14.4
100.0
0.7
3.2
4.4
4.4
4.5
10.8
9.9
26.2
19.2
5.4
11.8
100.0
0.2
0.5
1.0
1.7
2.3
6.7
7.5
24.1
22.9
8.4
24.6
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.3
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2018 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
14,436
25,141
22,741
16,045
13,357
24,181
16,514
28,453
10,793
1,356
761
175,149
Percent of
Total
8.2
14.4
13.0
9.2
7.6
13.8
9.4
16.3
6.2
0.8
0.4
100.0
Average Income
(Dollars)
6,063
16,107
26,469
37,201
47,921
65,918
92,693
148,076
301,023
718,418
3,274,146
93,387
Average
Federal Tax
Burden
(Dollars)
548
807
1,710
3,441
5,587
9,259
15,137
28,133
69,668
203,387
1,133,653
19,235
Average After-Tax
Income 3 (Dollars)
5,515
15,300
24,759
33,760
42,335
56,659
77,556
119,943
231,355
515,030
2,140,493
74,152
Average
Federal Tax
Rate 4
9.0
5.0
6.5
9.3
11.7
14.1
16.3
19.0
23.1
28.3
34.6
20.6
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.5
2.5
3.7
3.7
3.9
9.8
9.4
25.8
19.9
6.0
15.2
100.0
0.6
3.0
4.3
4.2
4.4
10.6
9.9
26.3
19.2
5.4
12.5
100.0
0.2
0.6
1.2
1.6
2.2
6.7
7.4
23.8
22.3
8.2
25.6
100.0
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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2019 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
13,949
24,653
22,998
16,388
13,276
24,725
16,841
29,226
10,920
1,352
771
176,494
Percent of
Total
7.9
14.0
13.0
9.3
7.5
14.0
9.5
16.6
6.2
0.8
0.4
100.0
Average Income
(Dollars)
6,212
16,547
27,117
38,084
49,091
67,517
94,874
151,245
305,669
731,080
3,518,459
96,851
Average
Federal Tax
Burden
(Dollars)
564
831
1,734
3,440
5,565
9,405
15,293
28,429
69,907
206,938
1,212,204
19,859
Average After-Tax
Income 3 (Dollars)
5,648
15,716
25,384
34,645
43,527
58,112
79,581
122,816
235,762
524,142
2,306,255
76,992
Average
Federal Tax
Rate 4
9.1
5.0
6.4
9.0
11.3
13.9
16.1
18.8
22.9
28.3
34.5
20.5
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.5
2.4
3.7
3.7
3.8
9.8
9.4
25.9
19.5
5.8
15.9
100.0
0.6
2.9
4.3
4.2
4.3
10.6
9.9
26.4
19.0
5.2
13.1
100.0
0.2
0.6
1.1
1.6
2.1
6.6
7.4
23.7
21.8
8.0
26.7
100.0
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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2020 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
13,612
24,080
23,223
16,760
13,203
25,313
17,179
29,797
11,115
1,370
799
177,863
Percent of
Total
7.7
13.5
13.1
9.4
7.4
14.2
9.7
16.8
6.3
0.8
0.5
100.0
Average Income
(Dollars)
6,321
16,969
27,797
39,015
50,355
69,215
97,203
154,565
311,584
743,762
3,651,089
100,389
Average
Federal Tax
Burden
(Dollars)
583
855
1,745
3,416
5,595
9,638
15,526
28,828
70,730
209,512
1,252,087
20,524
Average After-Tax
Income 3 (Dollars)
5,739
16,114
26,052
35,600
44,760
59,578
81,677
125,737
240,854
534,250
2,399,002
79,865
Average
Federal Tax
Rate 4
9.2
5.0
6.3
8.8
11.1
13.9
16.0
18.7
22.7
28.2
34.3
20.4
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.5
2.3
3.6
3.7
3.7
9.8
9.4
25.8
19.4
5.7
16.3
100.0
0.6
2.7
4.3
4.2
4.2
10.6
9.9
26.4
18.9
5.2
13.5
100.0
0.2
0.6
1.1
1.6
2.0
6.7
7.3
23.5
21.5
7.9
27.4
100.0
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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2021 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
13,419
23,703
23,054
17,038
13,159
26,017
17,461
30,392
11,340
1,404
837
179,257
Percent of
Total
7.5
13.2
12.9
9.5
7.3
14.5
9.7
17.0
6.3
0.8
0.5
100.0
Average Income
(Dollars)
6,497
17,455
28,498
39,904
51,544
70,880
99,525
158,479
317,916
759,149
3,686,850
103,987
Average
Federal Tax
Burden
(Dollars)
600
868
1,773
3,406
5,669
9,855
15,893
29,546
71,869
212,850
1,263,250
21,270
Average After-Tax
Income 3 (Dollars)
5,898
16,587
26,725
36,497
45,876
61,025
83,632
128,933
246,046
546,299
2,423,599
82,718
Average
Federal Tax
Rate 4
9.2
5.0
6.2
8.5
11.0
13.9
16.0
18.6
22.6
28.0
34.3
20.5
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.5
2.2
3.5
3.7
3.6
9.9
9.3
25.8
19.3
5.7
16.6
100.0
0.5
2.7
4.2
4.2
4.1
10.7
9.9
26.4
18.8
5.2
13.7
100.0
0.2
0.5
1.1
1.5
2.0
6.7
7.3
23.6
21.4
7.8
27.7
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.6
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2022 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
12,979
22,782
23,646
17,168
13,245
26,758
17,686
31,022
11,659
1,414
874
180,675
Percent of
Total
7.2
12.6
13.1
9.5
7.3
14.8
9.8
17.2
6.5
0.8
0.5
100.0
Average Income
(Dollars)
6,637
17,792
29,107
40,883
52,865
72,597
101,948
162,131
324,630
777,105
3,752,194
107,861
Average
Federal Tax
Burden
(Dollars)
617
918
1,770
3,385
5,782
10,034
16,204
30,098
73,168
217,276
1,283,393
22,050
Average After-Tax
Income 3 (Dollars)
6,020
16,875
27,336
37,498
47,084
62,564
85,744
132,033
251,463
559,829
2,468,802
85,811
Average
Federal Tax
Rate 4
9.3
5.2
6.1
8.3
10.9
13.8
15.9
18.6
22.5
28.0
34.2
20.4
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.4
2.1
3.5
3.6
3.6
10.0
9.3
25.8
19.4
5.6
16.8
100.0
0.5
2.5
4.2
4.2
4.0
10.8
9.8
26.4
18.9
5.1
13.9
100.0
0.2
0.5
1.1
1.5
1.9
6.7
7.2
23.4
21.4
7.7
28.2
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.7
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2023 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
12,914
22,265
23,455
17,400
13,496
27,344
17,949
31,626
11,897
1,415
911
182,119
Percent of
Total
7.1
12.2
12.9
9.6
7.4
15.0
9.9
17.4
6.5
0.8
0.5
100.0
Average Income
(Dollars)
6,835
18,279
29,854
41,848
54,154
74,387
104,582
165,590
329,823
793,258
3,857,878
111,629
Average
Federal Tax
Burden
(Dollars)
626
952
1,817
3,381
5,919
10,275
16,658
30,768
74,008
221,953
1,320,087
22,890
Average After-Tax
Income 3 (Dollars)
6,210
17,327
28,037
38,467
48,236
64,112
87,924
134,823
255,815
571,305
2,537,791
88,739
Average
Federal Tax
Rate 4
9.2
5.2
6.1
8.1
10.9
13.8
15.9
18.6
22.4
28.0
34.2
20.5
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.4
2.0
3.4
3.6
3.6
10.0
9.2
25.8
19.3
5.5
17.3
100.0
0.5
2.4
4.1
4.1
4.0
10.9
9.8
26.4
18.8
5.0
14.3
100.0
0.2
0.5
1.0
1.4
1.9
6.7
7.2
23.3
21.1
7.5
28.9
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.7
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2024 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
12,655
21,993
23,564
17,184
13,744
27,740
18,399
32,375
12,127
1,402
949
183,587
Percent of
Total
6.9
12.0
12.8
9.4
7.5
15.1
10.0
17.6
6.6
0.8
0.5
100.0
Average Income
(Dollars)
6,975
18,740
30,679
42,876
55,455
76,180
107,129
169,358
335,368
811,836
3,961,002
115,570
Average
Federal Tax
Burden
(Dollars)
635
990
1,831
3,419
6,034
10,490
17,085
31,446
75,254
227,103
1,355,850
23,770
Average After-Tax
Income 3 (Dollars)
6,340
17,750
28,848
39,456
49,421
65,690
90,044
137,912
260,115
584,734
2,605,151
91,800
Average
Federal Tax
Rate 4
9.1
5.3
6.0
8.0
10.9
13.8
16.0
18.6
22.4
28.0
34.2
20.6
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.4
1.9
3.4
3.5
3.6
10.0
9.3
25.8
19.2
5.4
17.7
100.0
0.5
2.3
4.0
4.0
4.0
10.8
9.8
26.5
18.7
4.9
14.7
100.0
0.2
0.5
1.0
1.4
1.9
6.7
7.2
23.3
20.9
7.3
29.5
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.7
* 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) 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.
(4) 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.
23-Jun-15
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T15-0025
Baseline Distribution of Income and Federal Taxes
by Expanded Cash Income Level, 2025 ¹
Expanded Cash Income
Level (thousands of 2015
dollars) 2
Less than 10
10-20
20-30
30-40
40-50
50-75
75-100
100-200
200-500
500-1,000
More than 1,000
All
Tax Units
Number
(thousands)
12,335
21,429
23,617
17,137
14,035
28,431
18,825
32,905
12,503
1,414
983
185,081
Percent of
Total
6.7
11.6
12.8
9.3
7.6
15.4
10.2
17.8
6.8
0.8
0.5
100.0
Average Income
(Dollars)
7,153
19,222
31,437
43,934
56,804
77,938
109,758
173,505
343,510
835,598
3,995,613
119,685
Average
Federal Tax
Burden
(Dollars)
657
1,020
1,870
3,428
6,208
10,725
17,520
32,232
77,274
233,755
1,370,798
24,686
Average After-Tax
Income 3 (Dollars)
6,496
18,203
29,567
40,506
50,596
67,214
92,237
141,273
266,236
601,844
2,624,815
94,999
Average
Federal Tax
Rate 4
9.2
5.3
6.0
7.8
10.9
13.8
16.0
18.6
22.5
28.0
34.3
20.6
Share of PreTax Income
Share of PostTax Income
Share of
Federal Taxes
Percent of
Total
Percent of
Total
Percent of
Total
0.4
1.9
3.4
3.4
3.6
10.0
9.3
25.8
19.4
5.3
17.7
100.0
0.5
2.2
4.0
4.0
4.0
10.9
9.9
26.4
18.9
4.8
14.7
100.0
0.2
0.5
1.0
1.3
1.9
6.7
7.2
23.2
21.2
7.2
29.5
100.0
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-1).
Number of AMT Taxpayers (millions): 4.8
* 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) 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.
(4) 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.
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