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 share of taxpayers who pay no income or payroll tax, the distribution of capital gains and business income, and aspects of the alternative minimum tax.
Once most TCJA individual income tax provisions expire at the end of 2025, effective federal tax rates are projected to rise from 19.4 percent to 20.4 percent. The figure below shows that the upper income households who benefited the most from the tax cuts generally experience the largest changes when they are reversed.
Tables dated August 2021 or later are based on an economic forecast that includes the effects of the global pandemic and incorporate legislation enacted through that month. Earlier tables are based on a forecast that does not include the effects of the pandemic and do not incorporate legislation signed into law after March 17, 2020.
Follow the links below to view TPC tables covering those and other tax topics.
Baseline Distribution of Income and Federal Taxes (October 2022)
Baseline Distribution of Tax Units by Tax Bracket (October 2022)
Baseline Average Effective Tax Rates (October 2022)
Baseline Share of Federal Taxes (October 2022)
Baseline Effective Marginal Tax Rates (October 2022)
Distribution of Federal Payroll and Income Taxes (December 2022)
Distribution of Long-Term Capital Gains and Qualified Dividends (January 2023)
| By Expanded Cash Income Level | |||||
| 2022 | |||||
| By Expanded Cash Income Percentile | |||
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Distribution of Individual Income Tax on Long-Term Capital Gains and Qualified Dividends (January 2023)
Tax Units with Zero or Negative Income Tax (October 2022)
Distribution of Tax Units that Pay No Individual Income Tax (October 2022)
Estate Tax Returns and Liability (November 2022)
Distribution of Estate Tax Returns, Gross Estate, and Net Estate Tax (November 2022)
Baseline Alternative Minimum Tax (AMT) Tables (October 2022)
Aggregate AMT Projections
Aggregate AMT Projections and Recent History
Characteristics of AMT Payers
Distribution of Business Taxes and Sources of Flow-Through Business Income (September 2021)
| Distribution of Business Income in 2021 | |||||||
| By Statutory Marginal Tax Rate | By Expanded Cash Income Level | By Expanded Cash Income Percentile | |||||
| Sources of Flow-Through Business Income in 2021 | |||||||
| By Statutory Marginal Tax Rate | By Expanded Cash Income Level | By Expanded Cash Income Percentile | |||||
Individual Income Tax Expenditures (December 2022)
Partial Exclusion of Social Security Benefits
Exclusion of Employer-Sponsored Health Benefits
Deduction for State and Local Income and Sales Taxes
Deduction for State and Local Taxes
Deduction for Property Taxes
Deduction for Home Mortgage Interest
Deduction for Home Mortgage Interest and Property Taxes
Deduction for Charitable Contributions
Preferential Rate on Capital Gains and Dividends
Preferential Rates and NIIT on Capital Gains and Dividends
Net Investment Income Tax (NIIT)
Child Tax Credit (CTC)
Dependent Care Tax Credit (CDCTC)
Earned Income Tax Credit (EITC)
CTC, CDCTC, and EITC
Education Credits and Deduction for Student Loan Interest
Sec199A Deduction for Qualified Business Income
| By Expanded Cash Income Level | |
| 2022 | |
| By Expanded Cash Income Percentile | |
| 2022 | |
Retirement Savings Incentives (Present Value Method)
