The Tax Policy Center regularly produces tables showing the distribution of income and federal taxes, effective and marginal tax rates, and other measures of federal taxes. Other tables show estimates of individual tax expenditures, the distribution of capital gains and business income, and aspects of the alternative minimum tax. These estimates are the first TPC has produced since the passage of the Tax Cuts and Jobs Act (TCJA) in late 2017, which lowered taxes for most taxpayers and made other changes to the tax code.
Once most TCJA individual income tax provisions expire at the end of 2025, effective federal tax rates are projected to rise from 19.0 percent to 20.3 percent. The figure below shows most of the increase will be due to a hike in the effective individual income tax rate from 9.4 percent to 10.8 percent. Upper income households who benefited the most from the tax cuts experience the largest changes when they are reversed.
The tables below show TPC’s most recent estimates as of August, 2018. This page will be updated to include additional baseline tables as they are published.
Follow the links below to view TPC tables covering those and other tax topics.
Baseline Distribution of Income and Federal Taxes (August 2018)
Baseline Distribution of Tax Units by Tax Bracket (August 2018)
Baseline Average Effective Tax Rates (August 2018)
Baseline Share of Federal Taxes (August 2018)
Baseline Effective Marginal Tax Rates (August 2018)
Distribution of Federal Payroll and Income Taxes (September 2018)
Tax Units with Zero or Negative Income Tax (September 2018)
Distribution of Tax Units that Pay No Individual Income Tax (September 2018)
|By Expanded Cash Income Level|
|By Expanded Cash Income Percentile|