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State and Local Individual Income Tax Collections per Capita

Summary of the Latest Federal Income Tax Data, 2020 Update

The latest IRS data shows that the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners. The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).

Reliance on Corporate Income Tax Revenue in Europe

How High are State and Local Tax Collections in Your State?

Sources of Government Revenue in the OECD, 2020 Update

OECD countries have on average become more reliant on consumption taxes and less reliant on individual income taxes. These policy changes matter, considering that consumption-based taxes raise revenue with less economic damage and distortionary effects than taxes on income.

Facts and Figures 2020: How Does Your State Compare?

Our updated 2020 edition of Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.

Net Operating Loss Carryforward and Carryback Provisions in Europe, 2020

Which States Rely the Most on Federal Aid?

Tax Subsidies for R&D Expenditures in Europe, 2020

State Individual Income Tax Rates and Brackets, 2020

Individual income taxes are a major source of state government revenue, accounting for 37 percent of state tax collections in fiscal year (FY) 2017. Several states had notable individual income tax changes in 2020: Arizona, Arkansas, Massachusetts, Michigan, Minnesota, North Carolina, Ohio, Tennessee, Virginia, and Wisconsin.