Fresh Batch of Federal Income Tax Data
We’ve just updated our popular “Summary of Federal Individual Income Tax Data” page with the latest numbers from the IRS. Here’s one of the more interesting tables: average tax rates for various income groups over time.
Average Tax Rate, 1980-2003 (% of AGI paid in income taxes)
|
Year |
Total |
Top 1% |
Top 2-5% |
Top 5% |
Top 6-10% |
Top 10% |
Top 11-25% |
Top 25% |
Top 26-50% |
Top 50% |
Bottom 50% |
|
1980 |
15.31% |
34.47% |
21.71% |
26.85% |
17.13% |
23.49% |
14.80% |
19.72% |
11.91% |
17.29% |
6.10% |
|
1981 |
15.76% |
33.37% |
22.08% |
26.59% |
18.16% |
23.64% |
15.53% |
20.11% |
12.48% |
17.73% |
6.62% |
|
1982 |
14.72% |
31.43% |
20.44% |
25.05% |
16.61% |
22.17% |
14.35% |
18.79% |
11.63% |
16.57% |
6.10% |
|
1983 |
13.79% |
30.18% |
18.77% |
23.64% |
15.54% |
20.91% |
13.20% |
17.62% |
10.76% |
15.52% |
5.66% |
|
1984 |
13.68% |
29.92% |
18.41% |
23.42% |
15.57% |
20.81% |
12.90% |
17.47% |
10.48% |
15.35% |
5.77% |
|
1985 |
13.73% |
29.86% |
18.44% |
23.50% |
15.69% |
20.93% |
12.83% |
17.55% |
10.41% |
15.41% |
5.70% |
|
1986 |
14.54% |
33.13% |
19.10% |
25.68% |
15.99% |
22.64% |
12.97% |
18.72% |
10.48% |
16.32% |
5.63% |
|
Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable |
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|
1987 |
13.12% |
26.41% |
18.13% |
22.10% |
14.43% |
19.77% |
11.71% |
16.61% |
9.45% |
14.60% |
5.09% |
|
1988 |
13.21% |
24.04% |
17.85% |
21.14% |
14.07% |
19.18% |
11.82% |
16.47% |
9.60% |
14.64% |
5.06% |
|
1989 |
13.12% |
23.34% |
17.97% |
20.71% |
13.93% |
18.77% |
12.08% |
16.27% |
9.77% |
14.53% |
5.11% |
|
1990 |
12.95% |
23.25% |
17.60% |
20.46% |
13.63% |
18.50% |
12.01% |
16.06% |
9.73% |
14.36% |
5.01% |
|
1991 |
12.75% |
24.37% |
17.10% |
20.62% |
13.96% |
18.63% |
11.57% |
15.93% |
9.55% |
14.20% |
4.62% |
|
1992 |
12.94% |
25.05% |
17.21% |
21.19% |
13.99% |
19.13% |
11.39% |
16.25% |
9.42% |
14.44% |
4.39% |
|
1993 |
13.32% |
28.01% |
17.48% |
22.71% |
14.01% |
20.20% |
11.40% |
16.90% |
9.37% |
14.90% |
4.29% |
|
1994 |
13.50% |
28.23% |
17.93% |
23.04% |
14.20% |
20.48% |
11.57% |
17.15% |
9.42% |
15.11% |
4.32% |
|
1995 |
13.86% |
28.73% |
18.19% |
23.53% |
14.46% |
20.97% |
11.71% |
17.58% |
9.43% |
15.47% |
4.39% |
|
1996 |
14.34% |
28.87% |
18.68% |
24.07% |
14.74% |
21.55% |
11.86% |
18.12% |
9.53% |
15.96% |
4.40% |
|
1997 |
14.48% |
27.64% |
18.78% |
23.62% |
14.87% |
21.36% |
12.04% |
18.18% |
9.63% |
16.09% |
4.48% |
|
1998 |
14.42% |
27.12% |
19.14% |
23.63% |
14.79% |
21.42% |
11.63% |
18.16% |
9.12% |
16.00% |
4.44% |
|
1999 |
14.85% |
27.53% |
19.68% |
24.18% |
15.06% |
21.98% |
11.76% |
18.66% |
9.12% |
16.43% |
4.48% |
|
2000 |
15.26% |
27.45% |
20.07% |
24.42% |
15.48% |
22.34% |
12.04% |
19.09% |
9.28% |
16.86% |
4.60% |
|
2001 |
14.23% |
27.50% |
19.12% |
23.68% |
14.89% |
21.41% |
11.58% |
18.08% |
8.91% |
15.85% |
4.09% |
|
2002 |
13.03% |
27.25% |
18.15% |
22.95% |
13.87% |
20.51% |
10.47% |
16.99% |
7.67% |
14.66% |
3.21% |
|
2003 |
11.90% |
24.31% |
16.58% |
20.74% |
12.22% |
18.49% |
9.54% |
15.38% |
7.12% |
13.35% |
2.95% |