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Individual Taxes: Distribution Tables by Income Percentile

T21-0182 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Percentile, 2022

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2022. Table also shows, by income percentile, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0183 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Percentile, 2025

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2025. Table also shows, by income percentile, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0184 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Percentile, 2026

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2026. Table also shows, by income percentile, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0185 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Percentile, 2031

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2031. Table also shows, by income percentile, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0168 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Level, 2017

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2017. Table also shows, by income level, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0169 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Level, 2018

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2018. Table also shows, by income level, the...
August 18, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0170 - Distribution of Federal Payroll and Income Taxes by Expanded Cash Income Level, 2019

A comparison of the distribution of federal individual income taxes and payroll taxes under current law for 2019. Table also shows, by income level, the...
August 18, 2021
Individual Taxes: TaxVox

The COVID-19 Pandemic Drove A Huge, But Temporary, Increase in Households That Did Not Pay Federal Income Tax

The COVID-19 pandemic and the policy response to it led to an extraordinary increase in the number of American households that owed no federal individual income tax in 2020. The Tax Policy Center estimates that last year more than 107 million households, or nearly 61 percent, owed no income tax or even received tax credits from the government.
August 18, 2021Howard Gleckman
Individual Taxes: Other Tables

T21-0161 - Tax Units with Zero or Negative Income Tax, 2011-2031

This table provides a break down between 2011-2031 of the number of tax units that had zero or negative individual income tax liability, zero or...
August 17, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0162 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Level, 2021

The distribution of tax units that pay no individual income tax by expanded cash income level under current law in 2021. Baseline is the law...
August 17, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0163 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Percentile, 2021

The distribution of tax units that pay no individual income tax by expanded cash income percentile under current law in 2021. Baseline is the law...
August 17, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0165 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Percentile, 2022

The distribution of tax units that pay no individual income tax by expanded cash income percentile under current law in 2022. Baseline is the law...
August 17, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0166 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Level, 2026

The distribution of tax units that pay no individual income tax by expanded cash income level under current law in 2026 as of August 17,...
August 17, 2021
Individual Taxes: Distribution Tables by Income Percentile

T21-0167 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Percentile, 2026

The distribution of tax units that pay no individual income tax by expanded cash income percentile under current law in 2026. Baseline is the law...
August 17, 2021
Individual Taxes: Distribution Tables by Income Level

T21-0164 - Distribution of Tax Units with Zero or Negative Income Tax, By Expanded Cash Income Level, 2022

The distribution of tax units that pay no individual income tax by expanded cash income level under current law in 2022. Baseline is the law...
August 17, 2021
: Daily Deduction

Will The House Pass A Budget Next Week?

Democratic sparring continues over the budget.
August 16, 2021Renu Zaretsky
: TaxVox

How Can Tax and Spending Policy Together Enhance The Wealth Of The Nation?

Buried in today’s partisan squabbles over President Biden’s ambitious domestic agenda is a fundamental question: How can government best increase the nation’s wealth? Does it...
August 16, 2021C. Eugene Steuerle
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
: TaxVox

Mega IRAs Reflect Mega Legislative Mistakes

Mega-IRAs are hot this summer, following a June 2021 report by the nonprofit news service ProPublica that revealed—based on leaked IRS files—that a handful of...
August 13, 2021Steven M. Rosenthal
: Daily Deduction

Senate Wraps Up For The Summer With An Infrastructure Bill And A Budget Resolution

The Senate passed the $1 trillion infrastructure bill with 19 GOP votes.
August 11, 2021Renu Zaretsky
Individual Taxes: TaxVox

Understanding the Heated Debate Over Cryptocurrencies and Tax Compliance

Even close followers of tax news may have been caught off guard when compliance for cryptocurrencies became the hot topic in the Senate’s debate over...
August 10, 2021John Buhl
Individual Taxes: TaxVox

Crypto Confusion Shows Why Congress Is Broken

In what has become common practice, a handful of senators and Administration staffers tried over a few days to draft a highly complex bit of...
August 10, 2021Howard Gleckman
Individual Taxes: TaxVox

How Can Congress Protect Families Who Receive Excessive Child Tax Credit Payments?

Families began receiving monthly Child Tax Credit (CTC) payments on July 15. For many, those regular payments—currently permitted through the end of the year—will combat...
August 10, 2021Elaine Maag
: Daily Deduction

Infrastructure Nears A Vote And The Reconciliation Process Begins

Infrastructure and Investment Jobs Act poised for Senate passage.
August 10, 2021Renu Zaretsky
Business Taxes: TaxVox

Border Carbon Adjustment without Carbon Pricing Makes Little Sense

A group of Senate Democrats has introduced a bill to impose tariffs on imports of carbon-intensive goods and fossil fuels equal to the domestic environmental...
August 9, 2021Thornton Matheson

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