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Individual income tax revenue by state

Individual income taxes comprised 17% of own-source state and local general revenue (excluding federal transfers) in 2018. This share was over 25% n CT, MA, MD, NY, and OR. Nine states do not have a broad-based individual income tax.

August 16, 2021

August 16, 2021

Homeownership rates by educational attainment

In 2019, the homeownership rate across all US households was 65%. For those with college degrees, the homeownership rate was 75%, compared to 51% for those with no high school diplomas.

August 9, 2021

Deduction for charitable contributions by AGI

In 2018, deductions for charitable contributions were 4.8% of AGI for taxpayers with AGI over $1 million, compared to 1.7% for all taxpayers. In part, this is because 77% of those taxpayers were itemizers, compared with 11% of all taxpayers.

August 2, 2021

Federal excise tax rate on gasoline over time

The federal excise tax on gasoline is 18.4 cents per gallon, and has not increased since 1993, unlike most state tax rates. If the federal tax rate was adjusted for inflation since 1993, it would be 34 cents per gallon in 2021.

July 26, 2021

Breakdown of IRS expenditures

The IRS spent $12.3 billion in fiscal year 2020. 39% of its budget went towards enforcement activities, 36% on operations support, 22% on taxpayer services, and 2% on business systems modernization.

July 19, 2021

Top income tax expenditures

According to Treasury estimates, the six largest income tax expenditures will each cost over $100 billion in fiscal year 2021, and include stimulus payments and benefits for health care, retirement, housing, capital gains, and families with children.

July 12, 2021

IRS workforce over time

In FY 2020, the IRS had around 75,800 full-time-equivalent employees. This workforce was larger than in 2018 and 2019, but still significantly smaller than what it was in the 1990s.

July 5, 2021

Presidential Election Campaign Fund checkoff

In 2020, the share of filers who check the box for the Presidential Election Campaign Fund on their tax returns was the lowest it has ever been, at 3.6 percent. Comparatively, in 1976, this share was about 28 percent.

June 28, 2021

Income from salary and wages by income level

Salaries and wages are the largest sources of income for most households. In 2018, they comprised 68% of total adjusted gross income across all individual income tax returns, but only 17% for those with incomes over $10 million.

June 21, 2021

Composition of federal revenues

In 2020, 47% of federal revenue came from individual income taxes and 38% from payroll taxes. Over time, the shares from corporate income taxes and excise taxes have declined.

June 14, 2021

Lottery revenue by state

State and local governments raised over $27 billion from net lottery revenue in 2018. Only Delaware, Rhode Island, and West Virginia raised over 2% of their general revenue from lotteries, while six states did not have any lotteries in 2018.

June 7, 2021

In 2019, five states (CT, MD, IL, NY, PA) and DC spent over 25% of their state motor fuel tax revenue on mass transit. Overall, 10% of revenue went towards mass transit, 27% for local roads, 51% for state highways, and 12% for other spending.

May 31, 2021

State gas tax rates

Missouri will increase its state gas tax rate for the first time in nearly 30 years starting October 2021. Currently, state gas tax rates range from 9 cents per gallon in Alaska to 58 cents per gallon in Pennsylvania.

May 24, 2021

American Opportunity Tax Credit by AGI

The American Opportunity Tax Credit (AOTC) can offset qualified higher education expenses for eligible students. In 2018, 4.8% of individual income taxpayers claimed the credit, with an average amount of $866 per claimant.

May 17, 2021

Unrealized capital gains over time by race or ethnicity

The average white household had $402,000 in unrealized capital gains in 2019, compared with $94,000 for Black households and $130,000 for Hispanic or Latino households. These disparities have generally widened over time.

May 10, 2021