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Federal Tax Data

Providing journalists, taxpayers, and policymakers with the latest data on taxes and spending is a cornerstone of the Tax Foundation’s educational mission.

As a nonpartisan, educational organization, the Tax Foundation has earned a reputation for independence and credibility. Our federal tax policy team regularly provides accessible, data-driven insights from sources such as the Internal Revenue Service (IRS), the Organisation for Economic Co-Operation and Development (OECD), Congressional Budget Office (CBO), the Joint Committee on Taxation (JCT), and others. For more insights on the latest federal tax policies, explore the Tax Foundation’s general equilibrium Taxes & Growth (TAG) Model

All Federal Tax Data

330 Results
In some states, pass-through businesses face marginal tax rates over 40 percent, pass-through business federal and state tax rate, pass-through business tax, pass-through businesses, private sector employment

Marginal Tax Rates for Pass-through Businesses Vary by State

Pass-through businesses are now the dominant business form in the U.S., making up more than half of the private sector workforce in every state. Federal taxes on income set a minimum tax rate for pass throughs, but marginal rates for pass throughs vary based on how states tax individual income.

3 min read
business pay fair share, do corporations pay their fair share in taxes? business tax collections , business fair share taxes

U.S. Businesses Pay or Remit 93 Percent of All Taxes Collected in America

Setting aside the debate over whether a low tax bill is fair, what is missed in such stories is that American businesses are critical to the tax collection system at every level of government—federal, state, and local. Businesses either pay or remit more than 93 percent of all the taxes collected by governments in the U.S. Without businesses as their taxpayers and tax collectors, American governments would not have the resources to provide even the most basic services.

5 min read
GDP and employment by type, The education, healthcare, social assistance industries employ the most workers, educational services, arts, entertainment, recreation, food service, finance, insurance, real estate, transportation, wholesale trade, agriculture, forestry, fishing, hunting, mining, utilities, Service industries are the largest segment of the U.S. economy, finance, insurance, real estate, professional and business services, manufacturing, educational services, healthcare, wholesale, retail, arts, entertainment, food services, transportation, mining, utilities, agriculture, fishing, hunting

2017 GDP and Employment by Industry

In the U.S. economy, there are tens of millions of businesses, including more than 30 million pass-through businesses and more than a million C corporations. Most output and employment come from firms that provide services to consumers—such as education, health care, and social assistance services—though a large share of output and employment still comes from firms in production industries, particularly manufacturing.

2 min read
Less than one percent of businesses employ almost half of the private sector workforce, business employment, employment and taxes

Firm Variation by Employment and Taxes

Less than one percent of businesses employ almost half of the private sector workforce. Large companies pay 89% of corporate income taxes in the United States.

2 min read