Graph and download economic data for U.S Individual Income Tax: Taxable Income Boundary Over which the Highest Tax Rate Bracket Applies (IITTIHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

In 2020, the average tax rate of the top 10 percent of earners in the United States stood at 20.3 percent. For the top one percent of earners, the average tax rate stood at 25.99 percent, and for all taxpayers, the average tax rate was 13.63 percent.

In total, about 59.9 percent of U.S. households paid income tax in 2022. The remaining 40.1 percent of households paid no individual income tax. In that same year, about 47.1 percent of U.S. households with an income between 40,000 and 50,000 U.S. dollars paid no individual income taxes.

Graph and download economic data for Personal Taxes: Federal Income Taxes by Deciles of Income Before Taxes: Third 10 Percent (21st to 30th Percentile) (CXUFEDTAXESLB1504M) from 2014 to 2023 about percentile, tax, federal, personal, income, and USA.

The Personal Income Tax Rate in Sweden stands at 52 percent. This dataset provides - Sweden Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, about 97.68 percent of total income taxes in the United States were paid by the top 50 percent of earners. In that same year, the top one percent of earners paid 42.31 percent of total income taxes in the country.

Revenue from income tax in the United States amounted to about 2.18 trillion U.S. dollars in 2023. The forecast predicts an increase in income tax revenues up to 3.97 trillion U.S. dollars in 2034.

The dataset contains statistics for high income resident tax returns by income level and average tax rate.

The Corporate Tax Rate in the United States stands at 21 percent. This dataset provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Income After Taxes: Income After Taxes by Deciles of Income Before Taxes: Lowest 10 Percent (1st to 10th Percentile) (CXUINCAFTTXLB1502M) from 2014 to 2023 about percentile, tax, income, and USA.

In 2023, revenue from individual income tax accounted for 49 percent of total tax revenues collected by the U.S. federal government. By 2029, these taxes are expected to account for 52 percent, reflecting a small decrease. Corporation income tax, however, is expected to increase from 9.4 percent in 2023, to 10.9 percent by 2029.

Personal income tax is collected annually from Ontario residents and those who earned income in the province. The tax is calculated separately from federal income tax. There are 5 Ontario income tax brackets and 5 corresponding tax rates. For an explanation of these rates and credits, refer to the federal and provincial personal income tax return for the applicable year. To get a copy of the return (also known as a T1) contact the Canada Revenue Agency at 1-800-959-8281 or visit canada.ca/cra-forms. Read on: about personal income tax This data is related to: * Filing your tax return * Taxes and benefits * Business income tax Related data: * Personal income tax * Provincial tax database

The Personal Income Tax Rate in the United States stands at 37 percent. This dataset provides - United States Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

Denmark is the European country with the highest top statutory income tax rate as of 2024, with the Nordic country having a top taxation band of 55.9 percent. Other countries with high taxes on top earners included France, with a top rate of 55.4 percent, Austria, with a top rate of 55 percent, and Spain, with a top rate of 54 percent. Many countries in Europe have relatively high top income tax rates when compared with other regions globally, as these countries have relatively generous social systems funded by tax incomes. This is particularly the case in Western, Northern, and Central Europe, where the social state is generally stronger. On the other hand, formerly communist countries in the Central and Eastern Europe (CEE) region tend to have lower top income tax rates, with Romania and Bulgaria having the lowest rates in Europe in 2024, with their top income tax brackets both being only 10 percent. These countries often have less well-developed social systems, as well as the fact that they must compete to retain their workers against other European countries with higher average wages. In spite of low-income taxes, these countries may take other deductions from employee's wages such as pension and healthcare payments, which may not be included in income taxation as in other European countries.

Graph and download economic data for Personal Taxes: State and Local Income Taxes by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUSTATETAXLB0106M) from 1984 to 2023 about state & local, percentile, tax, government, personal, income, and USA.

The Personal Income Tax Rate in Isle of Man stands at 22 percent. This dataset provides - Isle of Man Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate income tax revenue in the United States amounted to 420 billion U.S. dollars in 2023, which was about 1.6 percent of the U.S. GDP. The forecast predicts an increase in corporate income tax revenue up to 551 billion U.S. dollars in 2034, which would be about 1.2 percent of the projected U.S. GDP.

This report shows income and tax statistics for all Vermont residents organized by AGI income bracket. Out-of-state filers were excluded from the analysis but their totals are reported on a separate line. Out-of-state filers with income adjsutment equal to zero (meaning they had no VT income) were excluded entirely.