ibtimes - u.s. income tax rate, tax receipts, gdp
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8/9/2019 IBTimes - U.S. Income Tax Rate, Tax Receipts, GDP
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International Business Times, the business news leader
Original article at : http://www.ibtimes.com/articles/47493/20100830/correlation-in
U.S. Income Tax Rate, Tax Receipts, GDP
1947
1952
1956
1960
1964
1968
1972
1976
1980
1984
1988
1992
1996
2000
2004
2008
-0.04
-0.02
0.00
0.02
0.04
0.06
0.08
0.10
GDP Growth 1/10th Tax
Rate
Income Rax Rate
1
949
1
952
1
955
1
958
1
961
1
964
1
967
1
970
1
973
1
976
1
979
1
982
1
985
1
988
1
991
1
994
1
997
2
000
2
003
2
006
2
009
0.27
0.37
0.47
0.57
0.67
0.77
0.87
Column M
Column N
Column OIncome Tax Rate
$1,500,000.00
$2,000,000.00
$2,500,000.00
$3,000,000.00
Tax Receipts
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1951
1955
1959
1963
1967
1971
1975
1979
1983
1987
1991
1995
1999
2003
2007
$0.00
$500,000.00
$1,000,000.00
Column D
-60% -40% -20% 0% 20% 40% 60% 80% 100%
-30%
-20%
-10%
0%
10%
20%
30%
40%
GDP vs. Tax Receipts
0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1
-0.30
-0.20
-0.10
0.00
0.10
0.20
0.30
Income Tax Rate vs. GDP
-0.2000
0.0000
0.2000
0.4000
0.6000
0.8000
Tax Receipts vs. Income Tax Rate
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0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1
-0.6000
-0.4000
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come-tax-rate-tax-receipts-and-gdp.htm
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International Business Times, the business news lead
Original article at : http://www.ibtimes.com/articles/47493/20100830/co
U.S. Income Tax Rate, Tax Receipts, GDP
GDP GDP % Tax ReceiptsTax Rate LN(GDP)*.166
1930 91.2 -8.6% 4,058 0.25 7.49
1931 76.5 -6.5% 3,116 0.25 7.20
1932 58.7 -13.1% 1,924 0.63 6.76
1933 56.4 -1.3% 1,997 0.63 6.69
1934 66 10.9% 2,955 0.63 6.95
1935 73.3 8.9% 3,609 0.63 7.13
1936 83.8 13.0% 3,923 0.79 7.35
1937 91.9 5.1% 5,387 0.79 7.50
1938 86.1 -3.4% 6,751 0.79 7.401939 92.2 8.1% 6,295 0.79 7.51
1940 101.4 8.8% 6,548 0.79 7.67
1941 126.7 17.1% 8,712 0.81 8.04
1942 161.9 18.5% 14,634 0.88 8.44
1943 198.6 16.4% 24,001 0.88 8.78
1944 219.8 8.1% 43,747 0.94 8.95
1945 223 -1.1% 45,159 0.94 8.98
1946 222.2 -10.9% 39,296 0.91 8.97
1947 244.1 -0.9% 38,514 0.91 9.13
1948 269.1 4.4% 41,560 0.91 9.291949 267.2 -0.5% 39,415 0.91 9.28
1950 293.7 8.7% 39,443 0.91 9.43
1951 339.3 7.7% 51,616 0.91 9.67
1952 358.3 3.8% 66,167 0.92 9.76
1953 379.3 4.6% 69,608 0.92 9.86
1954 380.4 -0.6% 69,701 0.91 9.86
1955 414.7 7.2% 65,451 0.91 10.01
1956 437.4 2.0% 74,587 0.91 10.09
1957 461.1 2.0% 79,990 0.91 10.18
1958 467.2 -0.9% 79,636 0.91 10.20
1959 506.6 7.2% 79,249 0.91 10.34
1960 526.4 2.5% 92,492 0.91 10.40
1961 544.8 2.3% 94,388 0.91 10.46
1962 585.7 6.1% 99,676 0.91 10.58
1963 617.8 4.4% 106,560 0.91 10.67
1964 663.6 5.8% 112,613 0.77 10.79
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1965 719.1 6.4% 116,817 0.7 10.92
1966 787.7 6.5% 130,835 0.7 11.07
1967 832.4 2.5% 148,822 0.7 11.16
1968 909.8 4.8% 152,973 0.7 11.31
1969 984.4 3.1% 186,882 0.7 11.44
1970 1,038.30 0.2% 192,807 0.7 11.53
1971 1,126.80 3.4% 187,139 0.7 11.671972 1,237.90 5.3% 207,309 0.7 11.82
1973 1,382.30 5.8% 230,799 0.7 12.00
1974 1,499.50 -0.6% 263,224 0.7 12.14
1975 1,637.70 -0.2% 279,090 0.7 12.29
1976 1,824.60 5.4% 298,060 0.7 12.47
1977 2,030.10 4.6% 355,559 0.7 12.64
1978 2,293.80 5.6% 399,561 0.7 12.85
1979 2,562.20 3.1% 463,302 0.7 13.03
1980 2,788.10 -0.3% 517,112 0.7 13.17
1981 3,126.80 2.5% 599,272 0.7 13.36
1982 3,253.20 -1.9% 617,766 0.5 13.43
1983 3,534.60 4.5% 600,562 0.5 13.56
1984 3,930.90 7.2% 666,438 0.5 13.74
1985 4,217.50 4.1% 734,037 0.5 13.86
1986 4,460.10 3.5% 769,155 0.5 13.95
1987 4,736.40 3.2% 854,288 0.39 14.05
1988 5,100.40 4.1% 909,238 0.28 14.17
1989 5,482.10 3.6% 991,105 0.28 14.29
1990 5,800.50 1.9% 1,031,972 0.28 14.391991 5,992.10 -0.2% 1,054,996 0.31 14.44
1992 6,342.30 3.4% 1,091,223 0.31 14.53
1993 6,667.40 2.9% 1,154,341 0.4 14.62
1994 7,085.20 4.1% 1,258,579 0.4 14.72
1995 7,414.70 2.5% 1,351,801 0.4 14.79
1996 7,838.50 3.7% 1,453,055 0.4 14.88
1997 8,332.40 4.5% 1,579,240 0.4 14.99
1998 8,793.50 4.4% 1,721,733 0.4 15.08
1999 9,353.50 4.8% 1,827,459 0.4 15.18
2000 9,951.50 4.1% 2,025,198 0.4 15.282001 10,286.20 1.1% 1,991,142 0.39 15.34
2002 10,642.30 1.8% 1,853,149 0.39 15.39
2003 11,142.10 2.5% 1,782,321 0.35 15.47
2004 11,867.80 3.6% 1,880,126 0.35 15.57
2005 12,638.40 3.1% 2,153,625 0.35 15.68
2006 13,398.90 2.7% 2,406,876 0.35 15.77
2007 14,061.80 1.9% 2,568,001 0.35 15.86
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2008 14,369.10 0.0% 2,523,999 0.35 15.89
2009 14,119.00 -2.6% 2,104,995 0.35 15.86
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er
rrelation-income-tax-rate-tax-receipts-and-gdp.htm
Ln(Receipts) Tax*20 Diff of Ln(GDP)
8.31 5 GDP
8.04 5 1931 0.26
7.56 12.6 1932 0.11
7.60 12.6 1933 0.48
7.99 12.6 1934 0.81
8.19 12.6 1935 0.72
8.27 15.8 1936 0.77
8.59 15.8 1937 0.70
8.82 15.8 1938 0.448.75 15.8 1939 0.66
8.79 15.8 1940 0.71
9.07 16.2 1941 0.92
9.59 17.6 1942 0.96
10.09 17.6 1943 0.89
10.69 18.8 1944 0.72
10.72 18.8 1945 0.57
10.58 18.2 1946 0.54
10.56 18.2 1947 0.71
10.63 18.2 1948 0.7110.58 18.2 1949 0.54
10.58 18.2 1950 0.71
10.85 18.2 1951 0.79
11.10 18.4 1952 0.64
11.15 18.4 1953 0.64
11.15 18.2 1954 0.55
11.09 18.2 1955 0.69
11.22 18.2 1956 0.64
11.29 18.2 1957 0.64
11.29 18.2 1958 0.57
11.28 18.2 1959 0.68
11.43 18.2 1960 0.61
11.46 18.2 1961 0.61
11.51 18.2 1962 0.67
11.58 18.2 1963 0.64
11.63 15.4 1964 0.67
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11.67 14 1965 0.68
11.78 14 1966 0.70
11.91 14 1967 0.64
11.94 14 1968 0.70
12.14 14 1969 0.68
12.17 14 1970 0.64
12.14 14 1971 0.6912.24 14 1972 0.71
12.35 14 1973 0.73
12.48 14 1974 0.69
12.54 14 1975 0.70
12.61 14 1976 0.73
12.78 14 1977 0.73
12.90 14 1978 0.75
13.05 14 1979 0.73
13.16 14 1980 0.69
13.30 14 1981 0.74
13.33 10 1982 0.62
13.31 10 1983 0.69
13.41 10 1984 0.73
13.51 10 1985 0.67
13.55 10 1986 0.64
13.66 7.7 1987 0.65
13.72 5.6 1988 0.67
13.81 5.6 1989 0.67
13.85 5.6 1990 0.6413.87 6.2 1991 0.60
13.90 6.2 1992 0.64
13.96 7.92 1993 0.63
14.05 7.92 1994 0.65
14.12 7.92 1995 0.63
14.19 7.92 1996 0.64
14.27 7.92 1997 0.65
14.36 7.92 1998 0.64
14.42 7.92 1999 0.65
14.52 7.92 2000 0.6514.50 7.82 2001 0.60
14.43 7.72 2002 0.61
14.39 7 2003 0.63
14.45 7 2004 0.65
14.58 7 2005 0.65
14.69 7 2006 0.65
14.76 7 2007 0.63
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14.74 7 2008 0.59
14.56 7 2009 0.52
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Diff of LN(Receipts) Tax
Receipts Tax
0.29 0.25
0.07 0.25
0.59 0.63
0.94 0.63
0.75 0.63
0.63 0.63
0.87 0.79
0.78 0.790.48 0.79
0.59 0.79
0.84 0.79
1.07 0.81
1.04 0.88
1.15 0.88 GDP Grow1/10th Tax Tax
0.58 0.94 1945 -1.1% 0.09 0.94
0.41 0.94 1946 -10.9% 0.09 0.91
0.53 0.91 1947 -0.9% 0.09 0.91
0.63 0.91 1948 4.4% 0.09 0.910.50 0.91 1950 8.7% 0.09 0.91
0.55 0.91 1951 7.7% 0.09 0.91
0.82 0.91 1952 3.8% 0.09 0.92
0.80 0.91 1953 4.6% 0.09 0.92
0.60 0.92 1954 -0.6% 0.09 0.91
0.55 0.92 1955 7.2% 0.09 0.91
0.49 0.91 1956 2.0% 0.09 0.91
0.68 0.91 1957 2.0% 0.09 0.91
0.62 0.91 1958 -0.9% 0.09 0.91
0.55 0.91 1959 7.2% 0.09 0.91
0.55 0.91 1960 2.5% 0.09 0.91
0.70 0.91 1961 2.3% 0.09 0.91
0.57 0.91 1962 6.1% 0.09 0.91
0.60 0.91 1963 4.4% 0.09 0.91
0.62 0.91 1964 5.8% 0.08 0.77
0.61 0.91 1965 6.4% 0.07 0.7
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0.59 0.77 1966 6.5% 0.07 0.7
0.66 0.7 1967 2.5% 0.07 0.7
0.68 0.7 1968 4.8% 0.07 0.7
0.58 0.7 1969 3.1% 0.07 0.7
0.75 0.7 1970 0.2% 0.07 0.7
0.58 0.7 1971 3.4% 0.07 0.7
0.52 0.7 1972 5.3% 0.07 0.70.65 0.7 1973 5.8% 0.07 0.7
0.66 0.7 1974 -0.6% 0.07 0.7
0.68 0.7 1975 -0.2% 0.07 0.7
0.61 0.7 1976 5.4% 0.07 0.7
0.62 0.7 1977 4.6% 0.07 0.7
0.73 0.7 1978 5.6% 0.07 0.7
0.67 0.7 1979 3.1% 0.07 0.7
0.70 0.7 1980 -0.3% 0.07 0.7
0.66 0.7 1981 2.5% 0.07 0.7
0.70 0.7 1982 -1.9% 0.05 0.5
0.58 0.7 1983 4.5% 0.05 0.5
0.52 0.5 1984 7.2% 0.05 0.5
0.65 0.5 1985 4.1% 0.05 0.5
0.65 0.5 1986 3.5% 0.05 0.5
0.60 0.5 1987 3.2% 0.04 0.39
0.65 0.5 1988 4.1% 0.03 0.28
0.61 0.39 1989 3.6% 0.03 0.28
0.64 0.28 1990 1.9% 0.03 0.28
0.59 0.28 1991 -0.2% 0.03 0.310.57 0.28 1992 3.4% 0.03 0.31
0.58 0.31 1993 2.9% 0.04 0.4
0.61 0.31 1994 4.1% 0.04 0.4
0.64 0.4 1995 2.5% 0.04 0.4
0.62 0.4 1996 3.7% 0.04 0.4
0.62 0.4 1997 4.5% 0.04 0.4
0.63 0.4 1998 4.4% 0.04 0.4
0.64 0.4 1999 4.8% 0.04 0.4
0.61 0.4 2000 4.1% 0.04 0.4
0.65 0.4 2001 1.1% 0.04 0.390.53 0.4 2002 1.8% 0.04 0.39
0.48 0.39 2003 2.5% 0.04 0.35
0.51 0.39 2004 3.6% 0.04 0.35
0.60 0.35 2005 3.1% 0.04 0.35
0.69 0.35 2006 2.7% 0.04 0.35
0.66 0.35 2007 1.9% 0.04 0.35
0.61 0.35 2008 0.0% 0.04 0.35
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1947
1952
1956
1960
1964
1968
1972
1976
1980
1984
1988
1992
1996
2000
2004
2008
-0.04
-0.02
0.00
0.02
0.04
0.06
0.08
0.10
GDP Growth 1/10th Tax
RateIncome Rax Rate
1949
1952
1955
1958
1961
1964
1967
1970
1973
1976
1979
1982
1985
1988
1991
1994
1997
2000
2003
2006
2009
0.27
0.37
0.47
0.57
0.67
0.77
0.87
Column M
Column N
Column OIncome Tax Rate
$2,500,000.00
$3,000,000.00
Tax Receipts
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1951
1953
1955
1957
1959
1961
1963
1965
1967
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
0
2000
4000
6000
8000
10000
12000
14000
16000
GDP
GDP
1951
1954
1957
1960
1963
1966
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
2008
$0.00
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
Column DIn Millions
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Receipts Tax Rate GDP GDP *1000 LN GDP
4,058 0.25 91.2 91,200.00 4.51 1930
3,116 0.25 76.5 76,500.00 4.34 1931
1,924 0.63 58.7 58,700.00 4.07 1932
1,997 0.63 56.4 56,400.00 4.03 1933
2,955 0.63 66 66,000.00 4.19 1934
3,609 0.63 73.3 73,300.00 4.29 19353,923 0.79 83.8 83,800.00 4.43 1936
5,387 0.79 91.9 91,900.00 4.52 1937
6,751 0.79 86.1 86,100.00 4.46 1938
6,295 0.79 92.2 92,200.00 4.52 1939
6,548 0.79 101.4 101,400.00 4.62 1940
8,712 0.81 126.7 126,700.00 4.84 1941
14,634 0.88 161.9 161,900.00 5.09 1942
24,001 0.88 198.6 198,600.00 5.29 1943
43,747 0.94 219.8 219,800.00 5.39 1944
45,159 0.94 223 223,000.00 5.41 1945
39,296 0.91 222.2 222,200.00 5.40 1946
38,514 0.91 244.1 244,100.00 5.50 1947
41,560 0.91 269.1 269,100.00 5.60 1948
39,415 0.91 267.2 267,200.00 5.59 1949
39,443 0.91 293.7 293,700.00 5.68 1950
51,616 0.91 339.3 339,300.00 5.83 1951
66,167 0.92 358.3 358,300.00 5.88 1952
69,608 0.92 379.3 379,300.00 5.94 1953
69,701 0.91380.4
380,400.00 5.941954
65,451 0.91 414.7 414,700.00 6.03 1955
74,587 0.91 437.4 437,400.00 6.08 1956
79,990 0.91 461.1 461,100.00 6.13 1957
79,636 0.91 467.2 467,200.00 6.15 1958
79,249 0.91 506.6 506,600.00 6.23 1959
92,492 0.91 526.4 526,400.00 6.27 1960
94,388 0.91 544.8 544,800.00 6.30 1961
99,676 0.91 585.7 585,700.00 6.37 1962
106,560 0.91 617.8 617,800.00 6.43 1963
112,613 0.77 663.6 663,600.00 6.50 1964116,817 0.7 719.1 719,100.00 6.58 1965
130,835 0.7 787.7 787,700.00 6.67 1966
148,822 0.7 832.4 832,400.00 6.72 1967
152,973 0.7 909.8 909,800.00 6.81 1968
186,882 0.7 984.4 984,400.00 6.89 1969
192,807 0.7 1,038.30 1,038,300.00 6.95 1970
187,139 0.7 1,126.80 1,126,800.00 7.03 1971
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207,309 0.7 1,237.90 1,237,900.00 7.12 1972
230,799 0.7 1,382.30 1,382,300.00 7.23 1973
263,224 0.7 1,499.50 1,499,500.00 7.31 1974
279,090 0.7 1,637.70 1,637,700.00 7.40 1975
298,060 0.7 1,824.60 1,824,600.00 7.51 1976
355,559 0.7 2,030.10 2,030,100.00 7.62 1977
399,561 0.7 2,293.80 2,293,800.00 7.74 1978463,302 0.7 2,562.20 2,562,200.00 7.85 1979
517,112 0.7 2,788.10 2,788,100.00 7.93 1980
599,272 0.7 3,126.80 3,126,800.00 8.05 1981
617,766 0.5 3,253.20 3,253,200.00 8.09 1982
600,562 0.5 3,534.60 3,534,600.00 8.17 1983
666,438 0.5 3,930.90 3,930,900.00 8.28 1984
734,037 0.5 4,217.50 4,217,500.00 8.35 1985
769,155 0.5 4,460.10 4,460,100.00 8.40 1986
854,288 0.39 4,736.40 4,736,400.00 8.46 1987
909,238 0.28 5,100.40 5,100,400.00 8.54 1988
991,105 0.28 5,482.10 5,482,100.00 8.61 1989
1,031,972 0.28 5,800.50 5,800,500.00 8.67 1990
1,054,996 0.31 5,992.10 5,992,100.00 8.70 1991
1,091,223 0.31 6,342.30 6,342,300.00 8.75 1992
1,154,341 0.4 6,667.40 6,667,400.00 8.80 1993
1,258,579 0.4 7,085.20 7,085,200.00 8.87 1994
1,351,801 0.4 7,414.70 7,414,700.00 8.91 1995
1,453,055 0.4 7,838.50 7,838,500.00 8.97 1996
1,579,240 0.4 8,332.40 8,332,400.00 9.03 19971,721,733 0.4 8,793.50 8,793,500.00 9.08 1998
1,827,459 0.4 9,353.50 9,353,500.00 9.14 1999
2,025,198 0.4 9,951.50 9,951,500.00 9.21 2000
1,991,142 0.39 10,286.20 10,286,200.00 9.24 2001
1,853,149 0.39 10,642.30 10,642,300.00 9.27 2002
1,782,321 0.35 11,142.10 11,142,100.00 9.32 2003
1,880,126 0.35 11,867.80 11,867,800.00 9.38 2004
2,153,625 0.35 12,638.40 12,638,400.00 9.44 2005
2,406,876 0.35 13,398.90 13,398,900.00 9.50 2006
2,568,001 0.35 14,061.80 14,061,800.00 9.55 20072,523,999 0.35 14,369.10 14,369,100.00 9.57 2008
2,104,995 0.35 14,119.00 14,119,000.00 9.56 2009
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Tax Rate GDP Tax Rate GDP
0.25 -8.6% 1930 0.25 1930
0.25 -6.5% 1931 0.25 1931
0.63 -13.1% 1932 0.63 1932
0.63 -1.3% 1933 0.63 -8.6% 1933
0.63 10.9% 1934 0.63 -6.5% 1934
0.63 8.9% 1935 0.63 -13.1% 19350.79 13.0% 1936 0.79 -1.3% 1936
0.79 5.1% 1937 0.79 10.9% 1937
0.79 -3.4% 1938 0.79 8.9% 1938
0.79 8.1% 1939 0.79 13.0% 1939
0.79 8.8% 1940 0.79 5.1% 1940
0.81 17.1% 1941 0.81 -3.4% 1941
0.88 18.5% 1942 0.88 8.1% 1942
0.88 16.4% 1943 0.88 8.8% 1943
0.94 8.1% 1944 0.94 17.1% 1944
0.94 -1.1% 1945 0.94 18.5% 1945
0.91 -10.9% 1946 0.91 16.4% 1946
0.91 -0.9% 1947 0.91 8.1% 1947
0.91 4.4% 1948 0.91 -1.1% 1948
0.91 -0.5% 1949 0.91 -10.9% 1949
0.91 8.7% 1950 0.91 -0.9% 1950
0.91 7.7% 1951 0.91 4.4% 1951
0.92 3.8% 1952 0.92 -0.5% 1952
0.92 4.6% 1953 0.92 8.7% 1953
0.91-0.6% 1954
0.917.7% 1954
0.91 7.2% 1955 0.91 3.8% 1955
0.91 2.0% 1956 0.91 4.6% 1956
0.91 2.0% 1957 0.91 -0.6% 1957
0.91 -0.9% 1958 0.91 7.2% 1958
0.91 7.2% 1959 0.91 2.0% 1959
0.91 2.5% 1960 0.91 2.0% 1960
0.91 2.3% 1961 0.91 -0.9% 1961
0.91 6.1% 1962 0.91 7.2% 1962
0.91 4.4% 1963 0.91 2.5% 1963
0.77 5.8% 1964 0.77 2.3% 19640.7 6.4% 1965 0.7 6.1% 1965
0.7 6.5% 1966 0.7 4.4% 1966
0.7 2.5% 1967 0.7 5.8% 1967
0.7 4.8% 1968 0.7 6.4% 1968
0.7 3.1% 1969 0.7 6.5% 1969
0.7 0.2% 1970 0.7 2.5% 1970
0.7 3.4% 1971 0.7 4.8% 1971
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0.7 5.3% 1972 0.7 3.1% 1972
0.7 5.8% 1973 0.7 0.2% 1973
0.7 -0.6% 1974 0.7 3.4% 1974
0.7 -0.2% 1975 0.7 5.3% 1975
0.7 5.4% 1976 0.7 5.8% 1976
0.7 4.6% 1977 0.7 -0.6% 1977
0.7 5.6% 1978 0.7 -0.2% 19780.7 3.1% 1979 0.7 5.4% 1979
0.7 -0.3% 1980 0.7 4.6% 1980
0.7 2.5% 1981 0.7 5.6% 1981
0.5 -1.9% 1982 0.5 3.1% 1982
0.5 4.5% 1983 0.5 -0.3% 1983
0.5 7.2% 1984 0.5 2.5% 1984
0.5 4.1% 1985 0.5 -1.9% 1985
0.5 3.5% 1986 0.5 4.5% 1986
0.39 3.2% 1987 0.39 7.2% 1987
0.28 4.1% 1988 0.28 4.1% 1988
0.28 3.6% 1989 0.28 3.5% 1989
0.28 1.9% 1990 0.28 3.2% 1990
0.31 -0.2% 1991 0.31 4.1% 1991
0.31 3.4% 1992 0.31 3.6% 1992
0.4 2.9% 1993 0.4 1.9% 1993
0.4 4.1% 1994 0.4 -0.2% 1994
0.4 2.5% 1995 0.4 3.4% 1995
0.4 3.7% 1996 0.4 2.9% 1996
0.4 4.5% 1997 0.4 4.1% 19970.4 4.4% 1998 0.4 2.5% 1998
0.4 4.8% 1999 0.4 3.7% 1999
0.4 4.1% 2000 0.4 4.5% 2000
0.39 1.1% 2001 0.39 4.4% 2001
0.39 1.8% 2002 0.39 4.8% 2002
0.35 2.5% 2003 0.35 4.1% 2003
0.35 3.6% 2004 0.35 1.1% 2004
0.35 3.1% 2005 0.35 1.8% 2005
0.35 2.7% 2006 0.35 2.5% 2006
0.35 1.9% 2007 0.35 3.6% 20070.35 0.0% 2008 0.35 3.1% 2008
0.35 -2.6% 2009 0.35 2.7% 2009
1.9%
0.0%
-2.6%
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Tax Rate Diff of LN GDP
0.25
0.25 -0.18
0.63 -0.26
0.63 -0.04
0.63 0.16
0.63 0.100.79 0.13
0.79 0.09
0.79 -0.07
0.79 0.07
0.79 0.10
0.81 0.22
0.88 0.25
0.88 0.20
0.94 0.10
0.94 0.01
0.91 0.00
0.91 0.09
0.91 0.10
0.91 -0.01
0.91 0.09
0.91 0.14
0.92 0.05
0.92 0.06
0.91 0.000.91 0.09
0.91 0.05
0.91 0.05
0.91 0.01
0.91 0.08
0.91 0.04
0.91 0.03
0.91 0.07
0.91 0.05
0.77 0.070.7 0.08
0.7 0.09
0.7 0.06
0.7 0.09
0.7 0.08
0.7 0.05
0.7 0.08
0.2 0.3 0.4 0.5 0.6 0.7 0.8
-0.30
-0.20
-0.10
0.00
0.10
0.20
0.30
Income Tax Rate vs. G
0.2 0.3 0.4 0.5 0.6 0.7 0.8
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
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0.7 0.09
0.7 0.11
0.7 0.08
0.7 0.09
0.7 0.11
0.7 0.11
0.7 0.120.7 0.11
0.7 0.08
0.7 0.11
0.5 0.04
0.5 0.08
0.5 0.11
0.5 0.07
0.5 0.06
0.39 0.06
0.28 0.07
0.28 0.07
0.28 0.06
0.31 0.03
0.31 0.06
0.4 0.05
0.4 0.06
0.4 0.05
0.4 0.06
0.4 0.060.4 0.05
0.4 0.06
0.4 0.06
0.39 0.03
0.39 0.03
0.35 0.05
0.35 0.06
0.35 0.06
0.35 0.06
0.35 0.050.35 0.02
0.35 -0.02
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0.9 1
P
0.9 1
Column I
Column M
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Change T Receipts Change GDP Change T Receipts Change G
1930
1931 -23% -16% -23.21%
1932 -38% -23% -38.25% -16.12%
1933 4% -4% 3.79% -23.27%
1934 48% 17% 47.97% -3.92%
1935 22% 11% 22.13% 17.02%1936 9% 14% 8.70% 11.06%
1937 37% 10% 37.32% 14.32%
1938 25% -6% 25.32% 9.67%
1939 -7% 7% -6.75% -6.31%
1940 4% 10% 4.02% 7.08%
1941 33% 25% 33.05% 9.98%
1942 68% 28% 67.98% 24.95%
1943 64% 23% 64.01% 27.78%
1944 82% 11% 82.27% 22.67%
1945 3% 1% 3.23% 10.67%
1946 -13% 0% -12.98% 1.46%
1947 -2% 10% -1.99% -0.36%
1948 8% 10% 7.91% 9.86%
1949 -5% -1% -5.16% 10.24%
1950 0% 10% 0.07% -0.71%
1951 31% 16% 30.86% 9.92%
1952 28% 6% 28.19% 15.53%
1953 5% 6% 5.20% 5.60%
19540% 0% 0.13% 5.86%1955 -6% 9% -6.10% 0.29%
1956 14% 5% 13.96% 9.02%
1957 7% 5% 7.24% 5.47%
1958 0% 1% -0.44% 5.42%
1959 0% 8% -0.49% 1.32%
1960 17% 4% 16.71% 8.43%
1961 2% 3% 2.05% 3.91%
1962 6% 8% 5.60% 3.50%
1963 7% 5% 6.91% 7.51%
1964 6% 7% 5.68% 5.48%1965 4% 8% 3.73% 7.41%
1966 12% 10% 12.00% 8.36%
1967 14% 6% 13.75% 9.54%
1968 3% 9% 2.79% 5.67%
1969 22% 8% 22.17% 9.30%
1970 3% 5% 3.17% 8.20%
1971 -3% 9% -2.94% 5.48%
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1972 11% 10% 10.78% 8.52%
1973 11% 12% 11.33% 9.86%
1974 14% 8% 14.05% 11.66%
1975 6% 9% 6.03% 8.48%
1976 7% 11% 6.80% 9.22%
1977 19% 11% 19.29% 11.41%
1978 12% 13% 12.38% 11.26%1979 16% 12% 15.95% 12.99%
1980 12% 9% 11.61% 11.70%
1981 16% 12% 15.89% 8.82%
1982 3% 4% 3.09% 12.15%
1983 -3% 9% -2.78% 4.04%
1984 11% 11% 10.97% 8.65%
1985 10% 7% 10.14% 11.21%
1986 5% 6% 4.78% 7.29%
1987 11% 6% 11.07% 5.75%
1988 6% 8% 6.43% 6.19%
1989 9% 7% 9.00% 7.69%
1990 4% 6% 4.12% 7.48%
1991 2% 3% 2.23% 5.81%
1992 3% 6% 3.43% 3.30%
1993 6% 5% 5.78% 5.84%
1994 9% 6% 9.03% 5.13%
1995 7% 5% 7.41% 6.27%
1996 7% 6% 7.49% 4.65%
1997 9% 6% 8.68% 5.72%1998 9% 6% 9.02% 6.30%
1999 6% 6% 6.14% 5.53%
2000 11% 6% 10.82% 6.37%
2001 -2% 3% -1.68% 6.39%
2002 -7% 3% -6.93% 3.36%
2003 -4% 5% -3.82% 3.46%
2004 5% 7% 5.49% 4.70%
2005 15% 6% 14.55% 6.51%
2006 12% 6% 11.76% 6.49%
2007 7% 5% 6.69% 6.02%2008 -2% 2% -1.71% 4.95%
2009 -17% -2% -16.60% 2.19%
-1.74%
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P
-60% -40% -20% 0% 20% 40% 60% 80% 100%
-30%
-20%
-10%
0%
10%
20%
30%
40%
GDP vs. Tax Receipts
-50.00% 0.00% 50.00% 100.00%
-30.00%
-20.00%
-10.00%
0.00%
10.00%
20.00%
30.00%
40.00%
Column I
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Receipts Diff Of Receipts Ln Receipts Diff LN Re Change Receipts
4,058 8.31 1930
3,116 -942 8.04 -0.26 -0.23 1931
1,924 -1,192 7.56 -0.48 -0.38 1932
1,997 73 7.6 0.04 0.04 1933
2,955 958 7.99 0.39 0.48 1934
3,609 654 8.19 0.2 0.22 19353,923 314 8.27 0.08 0.09 1936
5,387 1,464 8.59 0.32 0.37 1937
6,751 1,364 8.82 0.23 0.25 1938
6,295 -456 8.75 -0.07 -0.07 1939
6,548 253 8.79 0.04 0.04 1940
8,712 2,164 9.07 0.29 0.33 1941
14,634 5,922 9.59 0.52 0.68 1942
24,001 9,367 10.09 0.49 0.64 1943
43,747 19,746 10.69 0.6 0.82 1944
45,159 1,412 10.72 0.03 0.03 1945
39,296 -5,863 10.58 -0.14 -0.13 1946
38,514 -782 10.56 -0.02 -0.02 1947
41,560 3,046 10.63 0.08 0.08 1948
39,415 -2,145 10.58 -0.05 -0.05 1949
39,443 28 10.58 0 0 1950
51,616 12,173 10.85 0.27 0.31 1951
66,167 14,551 11.1 0.25 0.28 1952
69,608 3,441 11.15 0.05 0.05 1953
69,701 93 11.15 0 01954
65,451 -4,250 11.09 -0.06 -0.06 1955
74,587 9,136 11.22 0.13 0.14 1956
79,990 5,403 11.29 0.07 0.07 1957
79,636 -354 11.29 0 0 1958
79,249 -387 11.28 0 0 1959
92,492 13,243 11.43 0.15 0.17 1960
94,388 1,896 11.46 0.02 0.02 1961
99,676 5,288 11.51 0.05 0.06 1962
106,560 6,884 11.58 0.07 0.07 1963
112,613 6,053 11.63 0.06 0.06 1964116,817 4,204 11.67 0.04 0.04 1965
130,835 14,018 11.78 0.11 0.12 1966
148,822 17,987 11.91 0.13 0.14 1967
152,973 4,151 11.94 0.03 0.03 1968
186,882 33,909 12.14 0.2 0.22 1969
192,807 5,925 12.17 0.03 0.03 1970
187,139 -5,668 12.14 -0.03 -0.03 1971
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207,309 20,170 12.24 0.1 0.11 1972
230,799 23,490 12.35 0.11 0.11 1973
263,224 32,425 12.48 0.13 0.14 1974
279,090 15,866 12.54 0.06 0.06 1975
298,060 18,970 12.61 0.07 0.07 1976
355,559 57,499 12.78 0.18 0.19 1977
399,561 44,002 12.9 0.12 0.12 1978463,302 63,741 13.05 0.15 0.16 1979
517,112 53,810 13.16 0.11 0.12 1980
599,272 82,160 13.3 0.15 0.16 1981
617,766 18,494 13.33 0.03 0.03 1982
600,562 -17,204 13.31 -0.03 -0.03 1983
666,438 65,876 13.41 0.1 0.11 1984
734,037 67,599 13.51 0.1 0.1 1985
769,155 35,118 13.55 0.05 0.05 1986
854,288 85,133 13.66 0.1 0.11 1987
909,238 54,950 13.72 0.06 0.06 1988
991,105 81,867 13.81 0.09 0.09 1989
1,031,972 40,867 13.85 0.04 0.04 1990
1,054,996 23,024 13.87 0.02 0.02 1991
1,091,223 36,227 13.9 0.03 0.03 1992
1,154,341 63,118 13.96 0.06 0.06 1993
1,258,579 104,238 14.05 0.09 0.09 1994
1,351,801 93,222 14.12 0.07 0.07 1995
1,453,055 101,254 14.19 0.07 0.07 1996
1,579,240 126,185 14.27 0.08 0.09 19971,721,733 142,493 14.36 0.09 0.09 1998
1,827,459 105,726 14.42 0.06 0.06 1999
2,025,198 197,739 14.52 0.1 0.11 2000
1,991,142 -34,056 14.5 -0.02 -0.02 2001
1,853,149 -137,993 14.43 -0.07 -0.07 2002
1,782,321 -70,828 14.39 -0.04 -0.04 2003
1,880,126 97,805 14.45 0.05 0.05 2004
2,153,625 273,499 14.58 0.14 0.15 2005
2,406,876 253,251 14.69 0.11 0.12 2006
2,568,001 161,125 14.76 0.06 0.07 20072,523,999 -44,002 14.74 -0.02 -0.02 2008
2,104,995 -419,004 14.56 -0.18 -0.17 2009
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Tax Rate Diff LN Re Tax Rate Diff LN Re
0.25 1930 0.25 1930
0.25 -0.2641 1931 0.25 1931
0.63 -0.4821 1932 0.63 -0.2641 1932
0.63 0.0372 1933 0.63 -0.4821 1933
0.63 0.3919 1934 0.63 0.0372 1934
0.63 0.1999 1935 0.63 0.3919 19350.79 0.0834 1936 0.79 0.1999 1936
0.79 0.3171 1937 0.79 0.0834 1937
0.79 0.2257 1938 0.79 0.3171 1938
0.79 -0.0699 1939 0.79 0.2257 1939
0.79 0.0394 1940 0.79 -0.0699 1940
0.81 0.2855 1941 0.81 0.0394 1941
0.88 0.5186 1942 0.88 0.2855 1942
0.88 0.4947 1943 0.88 0.5186 1943
0.94 0.6003 1944 0.94 0.4947 1944
0.94 0.0318 1945 0.94 0.6003 1945
0.91 -0.1391 1946 0.91 0.0318 1946
0.91 -0.0201 1947 0.91 -0.1391 1947
0.91 0.0761 1948 0.91 -0.0201 1948
0.91 -0.0530 1949 0.91 0.0761 1949
0.91 0.0007 1950 0.91 -0.0530 1950
0.91 0.2690 1951 0.91 0.0007 1951
0.92 0.2484 1952 0.92 0.2690 1952
0.92 0.0507 1953 0.92 0.2484 1953
0.91 0.00131954
0.91 0.05071954
0.91 -0.0629 1955 0.91 0.0013 1955
0.91 0.1307 1956 0.91 -0.0629 1956
0.91 0.0699 1957 0.91 0.1307 1957
0.91 -0.0044 1958 0.91 0.0699 1958
0.91 -0.0049 1959 0.91 -0.0044 1959
0.91 0.1545 1960 0.91 -0.0049 1960
0.91 0.0203 1961 0.91 0.1545 1961
0.91 0.0545 1962 0.91 0.0203 1962
0.91 0.0668 1963 0.91 0.0545 1963
0.77 0.0552 1964 0.77 0.0668 19640.7 0.0367 1965 0.7 0.0552 1965
0.7 0.1133 1966 0.7 0.0367 1966
0.7 0.1288 1967 0.7 0.1133 1967
0.7 0.0275 1968 0.7 0.1288 1968
0.7 0.2002 1969 0.7 0.0275 1969
0.7 0.0312 1970 0.7 0.2002 1970
0.7 -0.0298 1971 0.7 0.0312 1971
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0.7 0.1024 1972 0.7 -0.0298 1972
0.7 0.1073 1973 0.7 0.1024 1973
0.7 0.1315 1974 0.7 0.1073 1974
0.7 0.0585 1975 0.7 0.1315 1975
0.7 0.0658 1976 0.7 0.0585 1976
0.7 0.1764 1977 0.7 0.0658 1977
0.7 0.1167 1978 0.7 0.1764 19780.7 0.1480 1979 0.7 0.1167 1979
0.7 0.1099 1980 0.7 0.1480 1980
0.7 0.1475 1981 0.7 0.1099 1981
0.5 0.0304 1982 0.5 0.1475 1982
0.5 -0.0282 1983 0.5 0.0304 1983
0.5 0.1041 1984 0.5 -0.0282 1984
0.5 0.0966 1985 0.5 0.1041 1985
0.5 0.0467 1986 0.5 0.0966 1986
0.39 0.1050 1987 0.39 0.0467 1987
0.28 0.0623 1988 0.28 0.1050 1988
0.28 0.0862 1989 0.28 0.0623 1989
0.28 0.0404 1990 0.28 0.0862 1990
0.31 0.0221 1991 0.31 0.0404 1991
0.31 0.0338 1992 0.31 0.0221 1992
0.4 0.0562 1993 0.4 0.0338 1993
0.4 0.0865 1994 0.4 0.0562 1994
0.4 0.0715 1995 0.4 0.0865 1995
0.4 0.0722 1996 0.4 0.0715 1996
0.4 0.0833 1997 0.4 0.0722 19970.4 0.0864 1998 0.4 0.0833 1998
0.4 0.0596 1999 0.4 0.0864 1999
0.4 0.1027 2000 0.4 0.0596 2000
0.39 -0.0170 2001 0.39 0.1027 2001
0.39 -0.0718 2002 0.39 -0.0170 2002
0.35 -0.0390 2003 0.35 -0.0718 2003
0.35 0.0534 2004 0.35 -0.0390 2004
0.35 0.1358 2005 0.35 0.0534 2005
0.35 0.1112 2006 0.35 0.1358 2006
0.35 0.0648 2007 0.35 0.1112 20070.35 -0.0173 2008 0.35 0.0648 2008
0.35 -0.1815 2009 0.35 -0.0173 2009
-0.1815
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0.7 0.1078
0.7 0.1133
0.7 0.1405
0.7 0.0603
0.7 0.0680
0.7 0.1929
0.7 0.12380.7 0.1595
0.7 0.1161
0.7 0.1589
0.5 0.0309
0.5 -0.0278
0.5 0.1097
0.5 0.1014
0.5 0.0478
0.39 0.1107
0.28 0.0643
0.28 0.0900
0.28 0.0412
0.31 0.0223
0.31 0.0343
0.4 0.0578
0.4 0.0903
0.4 0.0741
0.4 0.0749
0.4 0.08680.4 0.0902
0.4 0.0614
0.4 0.1082
0.39 -0.0168
0.39 -0.0693
0.35 -0.0382
0.35 0.0549
0.35 0.1455
0.35 0.1176
0.35 0.06690.35 -0.0171
0.35 -0.1660
-0.0173
-0.1815
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1
1
L
1
n P
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1941
(in millions of dollars)
Total On-Budget
able 1.1SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFI
8,712 13,653 -4,941 8,024 13,618 -5,594
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
1934
1935
1936
1937
19381939
1940
Off-Budget
CITS (): 17892015
Receipts Outlays
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... .................... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
.......... .......... ..........
265 -2 267
387 -10 397503 -13 516
550 -14 564
Surplus orDeficit()
-
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1941Off-Budget
CITS (): 17892015
688 35 653
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
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1930
1931
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
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1924
19251926
1927
19281929
1930
1931
19321933
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1936
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
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1923
1924
19251926
1927
19281929
1930
1931
19321933
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
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1940
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
1934
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1936
1937
19381939
1940
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
1934
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1936
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19381939
1940
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1941
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Year
17891849
18501900
19011902
1903
1904
19051906
1907
1908
1909
1910
19111912
1913
1914
19151916
1917
19181919
1920
1921
1922
1923
1924
19251926
1927
19281929
1930
1931
19321933
1934
1935
1936
1937
19381939
1940
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1941
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Federal Individual Incom
Income Years 1
2010
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $16,750 10.0% $0 $8,375
15.0% $16,750 $68,000 15.0% $8,375 $34,000
25.0% $68,000 $137,300 25.0% $34,000 $68,650
28.0% $137,300 $209,250 28.0% $68,650 $104,625
33.0% $209,250 $373,650 33.0% $104,625 $186,825
35.0% $373,650 - 35.0% $186,825 -
2009
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $16,700 10.0% $0 $8,350
15.0% $16,700 $67,900 15.0% $8,350 $33,950
25.0% $67,900 $137,050 25.0% $33,950 $68,525
28.0% $137,050 $208,850 28.0% $68,525 $104,425
33.0% $208,850 $372,950 33.0% $104,425 $186,475
35.0% $372,950 - 35.0% $186,475 -
2008
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $16,050 10.0% $0 $8,025
15.0% $16,050 $65,100 15.0% $8,025 $32,550
25.0% $65,100 $131,450 25.0% $32,550 $65,725
28.0% $131,450 $200,300 28.0% $65,725 $100,150
33.0% $200,300 $357,700 33.0% $100,150 $178,850
35.0% $357,700 - 35.0% $178,850 -
2007
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $15,650 10.0% $0 $7,825
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15.0% $15,650 $63,700 15.0% $7,825 $31,850
25.0% $63,700 $128,500 25.0% $31,850 $64,250
28.0% $128,500 $195,850 28.0% $64,250 $97,925
33.0% $195,850 $349,700 33.0% $97,925 $174,850
35.0% $349,700 - 35.0% $174,850 -
2006Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $15,100 10.0% $0 $7,550
15.0% $15,100 $61,300 15.0% $7,550 $30,650
25.0% $61,300 $123,700 25.0% $30,650 $61,850
28.0% $123,700 $188,450 28.0% $61,850 $94,225
33.0% $188,450 $336,550 33.0% $94,225 $168,275
35.0% $336,550 - 35.0% $168,275 -
2005
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $14,600 10.0% $0 $7,300
15.0% $14,600 $59,400 15.0% $7,300 $29,700
25.0% $59,400 $119,950 25.0% $29,700 $59,975
28.0% $119,950 $182,800 28.0% $59,975 $91,400
33.0% $182,800 $326,450 33.0% $91,400 $163,225
35.0% $326,450 - 35.0% $163,225 -
2004
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $14,300 10.0% $0 $7,150
15.0% $14,300 $58,100 15.0% $7,150 $29,050
25.0% $58,100 $117,250 25.0% $29,050 $58,625
28.0% $117,250 $178,650 28.0% $58,625 $89,325
33.0% $178,650 $319,100 33.0% $89,325 $159,550
35.0% $319,100 - 35.0% $159,550 -
2003
Last law to change rates: Jobs and Growth Tax Relief Reconciliation Act of 2003
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
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10.0% $0 $14,000 10.0% $0 $7,000
15.0% $14,000 $56,800 15.0% $7,000 $23,725
25.0% $56,800 $114,650 25.0% $23,725 $57,325
28.0% $114,650 $174,700 28.0% $57,325 $87,350
33.0% $174,700 $311,950 33.0% $87,350 $155,975
35.0% $311,950 - 35.0% $155,975 -
2002
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
10.0% $0 $12,000 10.0% $0 $6,000
15.0% $12,000 $46,700 15.0% $6,000 $23,350
27.0% $46,700 $112,850 27.0% $23,350 $56,425
30.0% $112,850 $171,950 30.0% $56,425 $85,975
35.0% $171,950 $307,050 35.0% $85,975 $153,52538.6% $307,050 - 38.6% $153,525 -
2001
Last law to change rates: Economic Growth and Tax Relief Reconciliation Act of 2001
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $45,200 15.0% $0 $22,600
27.5% $45,200 $109,250 27.5% $22,600 $54,625
30.5% $109,250 $166,500 30.5% $54,625 $83,250
35.5% $166,500 $297,350 35.5% $83,250 $148,675
39.1% $297,350 - 39.1% $148,675 -
2000
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $43,850 15.0% $0 $21,925
28.0% $43,850 $105,950 28.0% $21,925 $52,975
31.0% $105,950 $161,450 31.0% $52,975 $80,725
36.0% $161,450 $288,350 36.0% $80,725 $144,175
39.6% $288,350 - 39.6% $144,175 -
1999
Last law to change rates: Omnibus Budget Reconciliation Act of 1993
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Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $43,050 15.0% $0 $21,525
28.0% $43,050 $104,050 28.0% $21,525 $52,025
31.0% $104,050 $158,550 31.0% $52,025 $79,275
36.0% $158,550 $283,150 36.0% $79,275 $141,575
39.6% $283,150 - 39.6% $141,575 -
1998
Last law to change rates: Omnibus Budget Reconciliation Act of 1993
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $42,350 15.0% $0 $21,175
28.0% $42,350 $102,300 28.0% $21,175 $51,150
31.0% $102,300 $155,950 31.0% $51,150 $77,97536.0% $155,950 $278,450 36.0% $77,975 $139,225
39.6% $278,450 - 39.6% $139,225 -
1997
Last law to change rates: Omnibus Budget Reconciliation Act of 1993
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $41,200 15.0% $0 $20,600
28.0% $41,200 $99,600 28.0% $20,600 $49,800
31.0% $99,600 $151,750 31.0% $49,800 $75,875
36.0% $151,750 $271,050 36.0% $75,875 $135,525
39.6% $271,050 - 39.6% $135,525 -
1996
Last law to change rates: Omnibus Budget Reconciliation Act of 1993
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $40,100 15.0% $0 $20,050
28.0% $40,100 $96,900 28.0% $20,050 $48,450
31.0% $96,900 $147,700 31.0% $48,450 $73,850
36.0% $147,700 $263,750 36.0% $73,850 $131,875
39.6% $263,750 - 39.6% $131,875 -
1995
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1991
Last law to change rates: Omnibus Budget Reconciliation Act of 1990
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $34,000 15.0% $0 $17,00028.0% $34,000 $82,150 28.0% $17,000 $41,075
31.0% $82,150 - 31.0% $41,075 -
1990 (a)
Last law to change rates: Omnibus Budget Reconciliation Act of 1990
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $32,450 15.0% $0 $16,22528.0% $32,450 $78,400 28.0% $16,225 $39,200
33.0% $78,400 $162,770 33.0% $39,200 $123,570
28.0% $162,770 - 28.0% $123,570 -
(a) The 33% rate "bubble" recaptured the revenue that upper-income taxpayers had saved by applying the 15% rate.
1989 (a)
Last law to change rates: Tax Reform Act of 1986
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $30,950 15.0% $0 $15,475
28.0% $30,950 $74,850 28.0% $15,475 $37,425
33.0% $74,850 $155,320 33.0% $37,425 $117,895
28.0% $155,320 - 28.0% $117,895 -
(a) The 33% rate "bubble" recaptured the revenue that upper-income taxpayers had saved by applying the 15% rate.
1988 (a)
Last law to change rates: Tax Reform Act of 1986
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
15.0% $0 $29,750 15.0% $0 $14,875
28.0% $29,750 $71,900 28.0% $14,875 $35,950
33.0% $71,900 $149,250 33.0% $35,950 $113,300
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28.0% $149,250 - 28.0% $113,300 -
(a) The 33% rate "bubble" recaptured the revenue that upper-income taxpayers had saved by applying the 15% rate.
1987
Last law to change rates: Tax Reform Act of 1986
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
11.0% $0 $3,000 11.0% $0 $1,500
15.0% $3,000 $28,000 15.0% $1,500 $14,000
28.0% $28,000 $45,000 28.0% $14,000 $22,500
35.0% $45,000 $90,000 35.0% $22,500 $45,000
38.5% $90,000 - 38.5% $45,000 -
1986Last law to change rates: Tax Reform Act of 1986
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,670 0.0% $0 $1,835
11.0% $3,670 $5,940 11.0% $1,835 $2,970
12.0% $5,940 $8,200 12.0% $2,970 $4,100
14.0% $8,200 $12,840 14.0% $4,100 $6,420
16.0% $12,840 $17,270 16.0% $6,420 $8,635
18.0% $17,270 $21,800 18.0% $8,635 $10,900
22.0% $21,800 $26,550 22.0% $10,900 $13,275
25.0% $26,550 $32,270 25.0% $13,275 $16,135
28.0% $32,270 $37,980 28.0% $16,135 $18,990
33.0% $37,980 $49,420 33.0% $18,990 $24,710
38.0% $49,420 $64,750 38.0% $24,710 $32,375
42.0% $64,750 $92,370 42.0% $32,375 $46,185
45.0% $92,370 $118,050 45.0% $46,185 $59,025
49.0% $118,050 $175,250 49.0% $59,025 $87,625
50.0% $175,250 - 50.0% $87,625 -
1985
Last law to change rates: Tax Reform Act of 1984
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
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0.0% $0 $3,540 0.0% $0 $1,770
11.0% $3,540 $5,720 11.0% $1,770 $2,860
12.0% $5,720 $7,910 12.0% $2,860 $3,955
14.0% $7,910 $12,390 14.0% $3,955 $6,195
16.0% $12,390 $16,650 16.0% $6,195 $8,325
18.0% $16,650 $21,020 18.0% $8,325 $10,510
22.0% $21,020 $25,600 22.0% $10,510 $12,80025.0% $25,600 $31,120 25.0% $12,800 $15,560
28.0% $31,120 $36,630 28.0% $15,560 $18,315
33.0% $36,630 $47,670 33.0% $18,315 $23,835
38.0% $47,670 $62,450 38.0% $23,835 $31,225
42.0% $62,450 $89,090 42.0% $31,225 $44,545
45.0% $89,090 $113,860 45.0% $44,545 $56,930
49.0% $113,860 $169,020 49.0% $56,930 $84,510
50.0% $169,020 - 50.0% $84,510 -
1984
Last law to change rates or brackets: Tax Reform Act of 1984
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,400 0.0% $0 $1,700
11.0% $3,400 $5,500 11.0% $1,700 $2,750
12.0% $5,500 $7,600 12.0% $2,750 $3,800
14.0% $7,600 $11,900 14.0% $3,800 $5,950
16.0% $11,900 $16,000 16.0% $5,950 $8,000
18.0% $16,000 $20,200 18.0% $8,000 $10,100
22.0% $20,200 $24,600 22.0% $10,100 $12,300
25.0% $24,600 $29,900 25.0% $12,300 $14,950
28.0% $29,900 $35,200 28.0% $14,950 $17,600
33.0% $35,200 $45,800 33.0% $17,600 $22,900
38.0% $45,800 $60,000 38.0% $22,900 $30,000
42.0% $60,000 $85,600 42.0% $30,000 $42,800
45.0% $85,600 $109,400 45.0% $42,800 $54,700
49.0% $109,400 $162,400 49.0% $54,700 $81,200
50.0% $162,400 - 50.0% $81,200 -
Note: For tax years beginning after December 31, 1984 (except 1987 and 1988) tax brackets are adjusted for
inflation as measured by the Consumer Price Index.
1983
Last law to change rates or brackets: Tax Equity and Fiscal Responsibility Act of 1982
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Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,400 0.0% $0 $1,700
11.0% $3,400 $5,500 11.0% $1,700 $2,750
13.0% $5,500 $7,600 13.0% $2,750 $3,800
15.0% $7,600 $11,900 15.0% $3,800 $5,95017.0% $11,900 $16,000 17.0% $5,950 $8,000
19.0% $16,000 $20,200 19.0% $8,000 $10,100
23.0% $20,200 $24,600 23.0% $10,100 $12,300
26.0% $24,600 $29,900 26.0% $12,300 $14,950
30.0% $29,900 $35,200 30.0% $14,950 $17,600
35.0% $35,200 $45,800 35.0% $17,600 $22,900
40.0% $45,800 $60,000 40.0% $22,900 $30,000
44.0% $60,000 $85,600 44.0% $30,000 $42,800
48.0% $85,600 $109,400 48.0% $42,800 $54,700
50.0% $109,400 - 50.0% $54,700 -
1982
Last law to change rates or brackets: Tax Equity and Fiscal Responsibility Act of 1982
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,400 0.0% $0 $1,700
12.0% $3,400 $5,500 12.0% $1,700 $2,750
14.0% $5,500 $7,600 14.0% $2,750 $3,800
16.0% $7,600 $11,900 16.0% $3,800 $5,950
19.0% $11,900 $16,000 19.0% $5,950 $8,000
22.0% $16,000 $20,200 22.0% $8,000 $10,100
25.0% $20,200 $24,600 25.0% $10,100 $12,300
29.0% $24,600 $29,900 29.0% $12,300 $14,950
33.0% $29,900 $35,200 33.0% $14,950 $17,600
39.0% $35,200 $45,800 39.0% $17,600 $22,900
44.0% $45,800 $60,000 44.0% $22,900 $30,000
49.0% $60,000 $85,600 49.0% $30,000 $42,800
50.0% $85,600 - 50.0% $42,800 -
1981
Last law to change rates or brackets: Economic Recovery Tax Act of 1981
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
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0.0% $0 $3,400 0.0% $0 $1,700
14.0% $3,400 $5,500 14.0% $1,700 $2,750
16.0% $5,500 $7,600 16.0% $2,750 $3,800
18.0% $7,600 $11,900 18.0% $3,800 $5,950
21.0% $11,900 $16,000 21.0% $5,950 $8,000
24.0% $16,000 $20,200 24.0% $8,000 $10,100
28.0% $20,200 $24,600 28.0% $10,100 $12,30032.0% $24,600 $29,900 32.0% $12,300 $14,950
37.0% $29,900 $35,200 37.0% $14,950 $17,600
43.0% $35,200 $45,800 43.0% $17,600 $22,900
49.0% $45,800 $60,000 49.0% $22,900 $30,000
54.0% $60,000 $85,600 54.0% $30,000 $42,800
59.0% $85,600 $109,400 59.0% $42,800 $54,700
64.0% $109,400 $162,400 64.0% $54,700 $81,200
68.0% $162,400 $215,400 68.0% $81,200 $107,700
70.0% $215,400 - 70.0% $107,700 -
1980
Last law to change rates or brackets: Revenue Act of 1978
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,400 0.0% $0 $1,700
14.0% $3,400 $5,500 14.0% $1,700 $2,750
16.0% $5,500 $7,600 16.0% $2,750 $3,800
18.0% $7,600 $11,900 18.0% $3,800 $5,950
21.0% $11,900 $16,000 21.0% $5,950 $8,000
24.0% $16,000 $20,200 24.0% $8,000 $10,100
28.0% $20,200 $24,600 28.0% $10,100 $12,300
32.0% $24,600 $29,900 32.0% $12,300 $14,950
37.0% $29,900 $35,200 37.0% $14,950 $17,600
43.0% $35,200 $45,800 43.0% $17,600 $22,900
49.0% $45,800 $60,000 49.0% $22,900 $30,000
54.0% $60,000 $85,600 54.0% $30,000 $42,800
59.0% $85,600 $109,400 59.0% $42,800 $54,700
64.0% $109,400 $162,400 64.0% $54,700 $81,200
68.0% $162,400 $215,400 68.0% $81,200 $107,700
70.0% $215,400 - 70.0% $107,700 -
1979
Last law to change rates or brackets: Revenue Act of 1978
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Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,400 0.0% $0 $1,700
14.0% $3,400 $5,500 14.0% $1,700 $2,750
16.0% $5,500 $7,600 16.0% $2,750 $3,800
18.0% $7,600 $11,900 18.0% $3,800 $5,95021.0% $11,900 $16,000 21.0% $5,950 $8,000
24.0% $16,000 $20,200 24.0% $8,000 $10,100
28.0% $20,200 $24,600 28.0% $10,100 $12,300
32.0% $24,600 $29,900 32.0% $12,300 $14,950
37.0% $29,900 $35,200 37.0% $14,950 $17,600
43.0% $35,200 $45,800 43.0% $17,600 $22,900
49.0% $45,800 $60,000 49.0% $22,900 $30,000
54.0% $60,000 $85,600 54.0% $30,000 $42,800
59.0% $85,600 $109,400 59.0% $42,800 $54,700
64.0% $109,400 $162,400 64.0% $54,700 $81,20068.0% $162,400 $215,400 68.0% $81,200 $107,700
70.0% $215,400 - 70.0% $107,700 -
1978
Last law to change rates or brackets: Revenue Act of 1978
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,200 0.0% $0 $1,600
14.0% $3,200 $4,200 14.0% $1,600 $2,100
15.0% $4,200 $5,200 15.0% $2,100 $2,600
16.0% $5,200 $6,200 16.0% $2,600 $3,100
17.0% $6,200 $7,200 17.0% $3,100 $3,600
19.0% $7,200 $11,200 19.0% $3,600 $5,600
22.0% $11,200 $15,200 22.0% $5,600 $7,600
25.0% $15,200 $19,200 25.0% $7,600 $9,500
28.0% $19,200 $23,200 28.0% $9,500 $11,600
32.0% $23,200 $27,200 32.0% $11,600 $13,600
36.0% $27,200 $31,200 36.0% $13,600 $15,600
39.0% $31,200 $35,200 39.0% $15,600 $17,600
42.0% $35,200 $39,200 42.0% $17,600 $19,600
45.0% $39,200 $43,200 45.0% $19,600 $21,600
48.0% $43,200 $47,200 48.0% $21,600 $23,600
50.0% $47,200 $55,200 50.0% $23,600 $27,600
53.0% $55,200 $67,200 53.0% $27,600 $33,600
55.0% $67,200 $79,200 55.0% $33,600 $39,600
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58.0% $79,200 $91,200 58.0% $39,600 $45,600
60.0% $91,200 $103,200 60.0% $45,600 $51,600
62.0% $103,200 $123,200 62.0% $51,600 $61,600
64.0% $123,200 $143,200 64.0% $61,600 $71,600
66.0% $143,200 $163,200 66.0% $71,600 $81,600
68.0% $163,200 $183,200 68.0% $81,600 $91,600
69.0% $183,200 $203,200 69.0% $91,600 $101,60070.0% $203,200 - 70.0% $101,600 -
1977
Last law to change rates or brackets: Tax Reduction and Simplification Act of 1977
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
0.0% $0 $3,200 0.0% $0 $1,600
14.0% $3,200 $4,200 14.0% $1,600 $2,100
15.0% $4,200 $5,200 15.0% $2,100 $2,600
16.0% $5,200 $6,200 16.0% $2,600 $3,100
17.0% $6,200 $7,200 17.0% $3,100 $3,600
19.0% $7,200 $11,200 19.0% $3,600 $5,600
22.0% $11,200 $15,200 22.0% $5,600 $7,600
25.0% $15,200 $19,200 25.0% $7,600 $9,500
28.0% $19,200 $23,200 28.0% $9,500 $11,600
32.0% $23,200 $27,200 32.0% $11,600 $13,600
36.0% $27,200 $31,200 36.0% $13,600 $15,600
39.0% $31,200 $35,200 39.0% $15,600 $17,600
42.0% $35,200 $39,200 42.0% $17,600 $19,600
45.0% $39,200 $43,200 45.0% $19,600 $21,600
48.0% $43,200 $47,200 48.0% $21,600 $23,600
50.0% $47,200 $55,200 50.0% $23,600 $27,600
53.0% $55,200 $67,200 53.0% $27,600 $33,600
55.0% $67,200 $79,200 55.0% $33,600 $39,600
58.0% $79,200 $91,200 58.0% $39,600 $45,600
60.0% $91,200 $103,200 60.0% $45,600 $51,600
62.0% $103,200 $123,200 62.0% $51,600 $61,600
64.0% $123,200 $143,200 64.0% $61,600 $71,600
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66.0% $143,200 $163,200 66.0% $71,600 $81,600
68.0% $163,200 $183,200 68.0% $81,600 $91,600
69.0% $183,200 $203,200 69.0% $91,600 $101,600
70.0% $203,200 - 70.0% $101,600 -
1976
Last law to change rates or brackets: Tax Reform Act of 1976
Married Filing Jointly Married Filing SeparatelyMarginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
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1975
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,00016.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
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1974
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,00028.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
1973
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Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,00016.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,00045.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
1972
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
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14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,00028.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,00058.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
1971 (a)
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
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22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,00045.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,00068.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
(a) The Tax Reform Act of 1969 provided lower tax rates for single filers.
1970
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
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32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,00053.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
Note: Excludes effect of 2.5 percent surtax.
1969
Last law to change rates or brackets: Tax Reform Act of 1969
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
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42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,00060.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
Note: Excludes effect of 10 percent surtax.
1968
Last law to change rates or brackets: Revenue Act of 1964
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
-
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50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,00066.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
Note: Excludes effect of 7.5 percent surtax.
1967
Last law to change rates or brackets: Revenue Act of 1964
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
-
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80/196
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,00070.0% $200,000 - 70.0% $100,000 -
1966
Last law to change rates or brackets: Revenue Act of 1964
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
-
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68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
1965
Last law to change rates or brackets: Revenue Act of 1964
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax BracketsTax Rate Over But Not Over Tax Rate Over But Not Over
14.0% $0 $1,000 14.0% $0 $500
15.0% $1,000 $2,000 15.0% $500 $1,000
16.0% $2,000 $3,000 16.0% $1,000 $1,500
17.0% $3,000 $4,000 17.0% $1,500 $2,000
19.0% $4,000 $8,000 19.0% $2,000 $4,000
22.0% $8,000 $12,000 22.0% $4,000 $6,000
25.0% $12,000 $16,000 25.0% $6,000 $8,000
28.0% $16,000 $20,000 28.0% $8,000 $10,000
32.0% $20,000 $24,000 32.0% $10,000 $12,000
36.0% $24,000 $28,000 36.0% $12,000 $14,000
39.0% $28,000 $32,000 39.0% $14,000 $16,000
42.0% $32,000 $36,000 42.0% $16,000 $18,000
45.0% $36,000 $40,000 45.0% $18,000 $20,000
48.0% $40,000 $44,000 48.0% $20,000 $22,000
50.0% $44,000 $52,000 50.0% $22,000 $26,000
53.0% $52,000 $64,000 53.0% $26,000 $32,000
55.0% $64,000 $76,000 55.0% $32,000 $38,000
58.0% $76,000 $88,000 58.0% $38,000 $44,000
60.0% $88,000 $100,000 60.0% $44,000 $50,000
62.0% $100,000 $120,000 62.0% $50,000 $60,000
64.0% $120,000 $140,000 64.0% $60,000 $70,000
66.0% $140,000 $160,000 66.0% $70,000 $80,000
68.0% $160,000 $180,000 68.0% $80,000 $90,000
69.0% $180,000 $200,000 69.0% $90,000 $100,000
70.0% $200,000 - 70.0% $100,000 -
-
8/9/2019 IBTimes - U.S. Income Tax Rate, Tax Receipts, GDP
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1964
Last law to change rates or brackets: Revenue Act of 1964
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
16.0% $0 $1,000 16.0% $0 $500
16.5% $1,000 $2,000 16.5% $500 $1,000
17.5% $2,000 $3,000 17.5% $1,000 $1,500
18.0% $3,000 $4,000 18.0% $1,500 $2,00020.0% $4,000 $8,000 20.0% $2,000 $4,000
23.5% $8,000 $12,000 23.5% $4,000 $6,000
27.0% $12,000 $16,000 27.0% $6,000 $8,000
30.5% $16,000 $20,000 30.5% $8,000 $10,000
34.0% $20,000 $24,000 34.0% $10,000 $12,000
37.5% $24,000 $28,000 37.5% $12,000 $14,000
41.0% $28,000 $32,000 41.0% $14,000 $16,000
44.5% $32,000 $36,000 44.5% $16,000 $18,000
47.5% $36,000 $40,000 47.5% $18,000 $20,000
50.5% $40,000 $44,000 50.5% $20,000 $22,000
53.5% $44,000 $52,000 53.5% $22,000 $26,000
56.0% $52,000 $64,000 56.0% $26,000 $32,000
58.5% $64,000 $76,000 58.5% $32,000 $38,000
61.0% $76,000 $88,000 61.0% $38,000 $44,000
63.5% $88,000 $100,000 63.5% $44,000 $50,000
66.0% $100,000 $120,000 66.0% $50,000 $60,000
68.5% $120,000 $140,000 68.5% $60,000 $70,000
71.0% $140,000 $160,000 71.0% $70,000 $80,000
73.5% $160,000 $180,000 73.5% $80,000 $90,000
75.0% $180,000 $200,000 75.0% $90,000 $100,000
76.5% $200,000 $400,000 76.5% $100,000 $200,000
77.0% $400,000 - 77.0% $200,000 -
-
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83/196
1963
Last law to change rates or brackets: Internal Revenue Code of 1954
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
20.0% $0 $4,000 20.0% $0 $2,000
22.0% $4,000 $8,000 22.0% $2,000 $4,000
26.0% $8,000 $12,000 26.0% $4,000 $6,000
30.0% $12,000 $16,000 30.0% $6,000 $8,000
34.0% $16,000 $20,000 34.0% $8,000 $10,000
38.0% $20,000 $24,000 38.0% $10,000 $12,00043.0% $24,000 $28,000 43.0% $12,000 $14,000
47.0% $28,000 $32,000 47.0% $14,000 $16,000
50.0% $32,000 $36,000 50.0% $16,000 $18,000
53.0% $36,000 $40,000 53.0% $18,000 $20,000
56.0% $40,000 $44,000 56.0% $20,000 $22,000
59.0% $44,000 $52,000 59.0% $22,000 $26,000
62.0% $52,000 $64,000 62.0% $26,000 $32,000
65.0% $64,000 $76,000 65.0% $32,000 $38,000
69.0% $76,000 $88,000 69.0% $38,000 $44,000
72.0% $88,000 $100,000 72.0% $44,000 $50,000
75.0% $100,000 $120,000 75.0% $50,000 $60,000
78.0% $120,000 $140,000 78.0% $60,000 $70,000
81.0% $140,000 $160,000 81.0% $70,000 $80,000
84.0% $160,000 $180,000 84.0% $80,000 $90,000
87.0% $180,000 $200,000 87.0% $90,000 $100,000
89.0% $200,000 $300,000 89.0% $100,000 $150,000
90.0% $300,000 $400,000 90.0% $150,000 $200,000
91.0% $400,000 - 91.0% $200,000 -
1962
Last law to change rates or brackets: Internal Revenue Code of 1954
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
20.0% $0 $4,000 20.0% $0 $2,000
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22.0% $4,000 $8,000 22.0% $2,000 $4,000
26.0% $8,000 $12,000 26.0% $4,000 $6,000
30.0% $12,000 $16,000 30.0% $6,000 $8,000
34.0% $16,000 $20,000 34.0% $8,000 $10,000
38.0% $20,000 $24,000 38.0% $10,000 $12,000
43.0% $24,000 $28,000 43.0% $12,000 $14,000
47.0% $28,000 $32,000 47.0% $14,000 $16,00050.0% $32,000 $36,000 50.0% $16,000 $18,000
53.0% $36,000 $40,000 53.0% $18,000 $20,000
56.0% $40,000 $44,000 56.0% $20,000 $22,000
59.0% $44,000 $52,000 59.0% $22,000 $26,000
62.0% $52,000 $64,000 62.0% $26,000 $32,000
65.0% $64,000 $76,000 65.0% $32,000 $38,000
69.0% $76,000 $88,000 69.0% $38,000 $44,000
72.0% $88,000 $100,000 72.0% $44,000 $50,000
75.0% $100,000 $120,000 75.0% $50,000 $60,000
78.0% $120,000 $140,000 78.0% $60,000 $70,00081.0% $140,000 $160,000 81.0% $70,000 $80,000
84.0% $160,000 $180,000 84.0% $80,000 $90,000
87.0% $180,000 $200,000 87.0% $90,000 $100,000
89.0% $200,000 $300,000 89.0% $100,000 $150,000
90.0% $300,000 $400,000 90.0% $150,000 $200,000
91.0% $400,000 - 91.0% $200,000 -
1961
Last law to change rates or brackets: Internal Revenue Code of 1954
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax Brackets
Tax Rate Over But Not Over Tax Rate Over But Not Over
20.0% $0 $4,000 20.0% $0 $2,000
22.0% $4,000 $8,000 22.0% $2,000 $4,000
26.0% $8,000 $12,000 26.0% $4,000 $6,000
30.0% $12,000 $16,000 30.0% $6,000 $8,000
34.0% $16,000 $20,000 34.0% $8,000 $10,000
38.0% $20,000 $24,000 38.0% $10,000 $12,000
43.0% $24,000 $28,000 43.0% $12,000 $14,000
47.0% $28,000 $32,000 47.0% $14,000 $16,000
50.0% $32,000 $36,000 50.0% $16,000 $18,000
53.0% $36,000 $40,000 53.0% $18,000 $20,000
56.0% $40,000 $44,000 56.0% $20,000 $22,000
59.0% $44,000 $52,000 59.0% $22,000 $26,000
62.0% $52,000 $64,000 62.0% $26,000 $32,000
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8/9/2019 IBTimes - U.S. Income Tax Rate, Tax Receipts, GDP
85/196
65.0% $64,000 $76,000 65.0% $32,000 $38,000
69.0% $76,000 $88,000 69.0% $38,000 $44,000
72.0% $88,000 $100,000 72.0% $44,000 $50,000
75.0% $100,000 $120,000 75.0% $50,000 $60,000
78.0% $120,000 $140,000 78.0% $60,000 $70,000
81.0% $140,000 $160,000 81.0% $70,000 $80,000
84.0% $160,000 $180,000 84.0% $80,000 $90,00087.0% $180,000 $200,000 87.0% $90,000 $100,000
89.0% $200,000 $300,000 89.0% $100,000 $150,000
90.0% $300,000 $400,000 90.0% $150,000 $200,000
91.0% $400,000 - 91.0% $200,000 -
1960
Last law to change rates or brackets: Internal Revenue Code of 1954
Married Filing Jointly Married Filing Separately
Marginal Tax Brackets Marginal Tax B
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