Us Income Tax Rates Over Time

Though the united states has had high marginal income tax rates in the past the rich weren t necessarily paying those rates.
Us income tax rates over time. Looking to trim deficits it boosted the top tax rate to 39 6 where it stayed through the end of the decade. That s a high tax rate. Us tax rates have changed wildly since 1913 when the current federal income tax program was first introduced. Download toprate historical xlsx 12 15 kb.
Based on the summary of federal tax income data in 2009 with a tax rate of 35 the highest earning 1 of people paid 36 7 of the united states income tax revenue. That s a line for every year from 1913 onward sized and colored by the tax burden. Federal individual income tax rates history nominal dollars income years 1913 2013 nominal. Historical highest marginal personal income tax rates 1913 to 2020.
It edged up to 31 for 1991 and 1992 the first time the highest income tax rate increased over the prior year since 1952. Download average rate historical all pdf 15 19 kb download average rate historical all xlsx 25 11 kb. Over the next three decades the top federal income tax rate remained high never dipping below 70 percent. This page provides united states personal income tax rate actual values historical data forecast chart statistics economic calendar and news.
Download toprate historical pdf 8 91 kb. Personal income tax rate in the united states averaged 36 71 percent from 2004 until 2020 reaching an all time high of 39 60 percent in 2013 and a record low of 35 percent in 2005. Average federal tax rates for all households by comprehensive household income quintile. The 1950s 1960s and 1970s.
87 in 2012 president obama announced plans to raise the two top tax rates from 35 to 39 6 and from 33 to 36. Income taxes from rich to poor over the past century. The amount of tax due relative to the long term average at each income level above average burdens appear thick and red and below average. Understanding how the top 1 percent s taxes have changed over time requires looking at not only the top marginal income tax rate but also effective rates and the share of income taxes paid as well as the many.
The above interactive chart shows the difference in rates over time using data from. Tax rate over but not over tax rate over but not over tax rate over but not over tax rate over but not over 10 0 0 17 400 10 0 0 8 700 10 0 0 8 700 10 0 0 12 400.