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Who Pays Income Taxes?
Who Pays Income Taxes and how much?
Tax Year 2007
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$410,096 |
40.42 |
|
Top 5% |
$160,041 |
60.63 |
|
Top 10% |
$113,018 |
71.22 |
|
Top 25% |
$66,532 |
86.59 |
|
Top 50% |
$32,879 |
97.11 |
|
Bottom 50% |
<$32,879
|
2.89 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
Tax Year 2006
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$388,806 |
39.89 |
|
Top 5% |
$153,542 |
60.14 |
|
Top 10% |
$108,904 |
70.79 |
|
Top 25% |
$64,702 |
86.27 |
|
Top 50% |
$31,987 |
97.01 |
|
Bottom 50% |
<$31,987
|
2.99 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2005
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$364,657 |
39.38 |
|
Top 5% |
$145,283 |
59.67 |
|
Top 10% |
$103,912 |
70.30 |
|
Top 25% |
$62,068 |
85.99 |
|
Top 50% |
$30,881 |
96.93 |
|
Bottom 50% |
<$30,881
|
3.07 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2004
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$328,049 |
36.89 |
|
Top 5% |
$137,056 |
57.13 |
|
Top 10% |
$99,112 |
68.19 |
|
Top 25% |
$60,041 |
84.86 |
|
Top 50% |
$30,122 |
96.70 |
|
Bottom 50% |
<$30,122
|
3.30 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2003
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$295,495 |
34.27 |
|
Top 5% |
$130,080 |
54.36 |
|
Top 10% |
$94,891 |
65.84 |
|
Top 25% |
$57,343 |
83.88 |
|
Top 50% |
$29,019 |
96.54 |
|
Bottom 50% |
<$29,019
|
3.46 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2002
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$285,424 |
33.71 |
|
Top 5% |
$126,525 |
53.80 |
|
Top 10% |
$92,663 |
65.73 |
|
Top 25% |
$56,401 |
83.90 |
|
Top 50% |
$28,654 |
96.50 |
|
Bottom 50% |
<$28,654
|
3.50 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2001
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$292,913 |
33.89 |
|
Top 5% |
$127,904 |
53.25 |
|
Top 10% |
$92,754 |
64.89 |
|
Top 25% |
$56,085 |
82.90 |
|
Top 50% |
$28,528 |
96.03 |
|
Bottom 50% |
<$28,528
|
3.97 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 2000
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$313,469 |
37.42 |
|
Top 5% |
$128,336 |
56.47 |
|
Top 10% |
$92,144 |
67.33 |
|
Top 25% |
$55,225 |
84.01 |
|
Top 50% |
$27,682 |
96.09 |
|
Bottom 50% |
<$27,682 |
3.91 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
For Tax Year 1999
|
Percentiles Ranked by AGI |
AGI Threshold on Percentiles |
Percentage of Federal Personal Income Tax Paid |
|
Top 1% |
$293,415 |
36.18 |
|
Top 5% |
$120,846 |
55.45 |
|
Top 10% |
$87,682 |
66.45 |
|
Top 25% |
$52,965 |
83.54 |
|
Top 50% |
$26,415 |
96.00 |
|
Bottom 50% |
<$26,415 |
4.00 |
|
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service |
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