Regular readers of Tax Foundation reports know that we publish estimates of the distributional impact of federal tax changes: that is, we estimate how a tax reform might affect the after-tax incomes of taxpayers at...
- Top Quintile Now Pays 94% of Income Taxes
Top Quintile Now Pays 94% of Income Taxes
Key Findings: While the Tax Foundation typically uses the Taxes and Growth model to forecast the revenue and economic effects of proposed federal tax changes, the model can also be used to “backcast” the effects of past tax changes...
Key Findings Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer). Although a little more than half of a U.S. worker’s payroll tax...
Join the Tax Foundation's fight for sound tax policy Go
Tax Policy Blog
The official weblog of the Tax Foundation.
Tax By State
For information on your state, select it from the drop-down menu.
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask