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Corporate income tax revenues have averaged around 10% of total federal revenues since the 1980s, but dropped to around 6% after the 2017 tax law reduced the tax rate from 35% to 21% and enacted temporary investment incentives.
March 2, 2020
: Daily Deduction

“All About that Base”

A new taxpayer advocate.
February 28, 2020
: Daily Deduction

“Shall we play a game?”

“Tax cheats beware. The machines are watching.”
February 27, 2020Renu Zaretsky
Individual Taxes: Distribution Tables by Income Percentile

T20-0061 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2017

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0062 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2018

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0063 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2018

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0064 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2019

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0065 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2019

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0066 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2020

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0067 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2020

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0068 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2025

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0069 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2025

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0070 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2026

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0071 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2026

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0072 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2029

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0073 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2029

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0060 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2017

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0046 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Level, 2017

Share of the following federal taxes paid under a current law baseline for 2017, by income level: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0047 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Percentile, 2017

Share of the following federal taxes paid under a current law baseline for 2017, by income percentile: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0048 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Level, 2018

Share of the following federal taxes paid under a current law baseline for 2018, by income level: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0049 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Percentile, 2018

Share of the following federal taxes paid under a current law baseline for 2018, by income percentile: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0050 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Level, 2019

Share of the following federal taxes paid under a current law baseline for 2019, by income level: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0051 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Percentile, 2019

Share of the following federal taxes paid under a current law baseline for 2019, by income percentile: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Level

T20-0052 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Level, 2020

Share of the following federal taxes paid under a current law baseline for 2020, by income level: individual and corporate income taxes; payroll taxes for...
February 26, 2020
Individual Taxes: Distribution Tables by Income Percentile

T20-0053 - Share of Federal Taxes - All Tax Units, By Expanded Cash Income Percentile, 2020

Share of the following federal taxes paid under a current law baseline for 2020, by income percentile: individual and corporate income taxes; payroll taxes for...
February 26, 2020

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