Weighted Average Marginal Tax Rates

    1           2           3           4           5           6           7           8           9           10       
1960 269.97 22.87  1.67 84.51 319.47 22.45  1.38
1961 280.87 23.11  1.60 84.49 332.41 22.70  1.32
1962 297.57 23.53  1.56 84.48 352.24 23.13  1.29
1963 313.89 24.63  1.71 84.47 371.61 24.21  1.41
1964 339.28 21.88  1.55 84.45 401.75 21.50  1.27
1965 368.10 21.07  1.39 84.53 435.47 20.70  1.14
1966 399.97 21.72  2.32 84.50 473.31 21.34  1.91
1967 426.12 22.14  2.29 84.49 504.34 21.75  1.89
1968 466.77 24.62  2.59 84.47 552.61 24.19  2.13
1969 508.85 26.00  2.57 84.45 602.57 25.53  2.12
1970 536.53 24.56  2.44 84.44 635.44 24.12  2.01
1971 571.44 23.66  2.47 84.42 676.89 23.20  2.04
1972 632.75 24.13  2.71 84.40 749.70 23.65  2.23
1973 710.46 25.26  3.41 84.37 842.04 24.75  2.81
1974 769.54 26.08  4.15 84.36 912.21 25.55  3.41
1975 801.95 25.89  4.41 85.71 935.66 25.31  3.63
1976 893.91 26.60  4.37 85.68 1043.26 25.95  3.60
1977 991.65 27.78  4.33 85.84 1155.24 27.14  3.56
1978 1123.18 29.44  4.26 85.96 1306.67 28.73  3.51
1979 1267.21 28.13 32.25 5.36 86.25 1469.29 27.57 31.50 4.42
1980 1396.92 29.32 33.40 5.68 86.26 1619.41 28.64 32.54 4.68
1981 1541.55 30.17 34.23 6.62 86.75 1776.96 29.39 33.28 5.45
1982 1600.71 27.87 31.95 7.22 86.60 1848.48 27.08 31.01 5.94
1983 1703.95 25.79 30.03 7.64 87.02 1958.19 25.14 29.21 6.29
1984 1897.41 25.90 30.11 7.70 86.65 2189.79 25.50 29.58 6.35
1985 2021.89 26.07 30.15 7.73 86.59 2335.07 25.67 29.65 6.37
1986 2195.09 26.52 30.67 7.75 86.45 2539.10 26.12 30.09 6.38
1987 2406.76 24.01 28.05 7.42 80.54 2988.27 23.74 27.65 6.11
1988 2601.49 22.21 26.31 7.40 80.43 3234.66 21.90 25.86 6.10
1989 2782.78 22.37 26.56 7.48 80.35 3463.27 22.05 26.11 6.16
1990 2896.20 22.21 26.50 8.04 80.51 3597.23 21.91 26.08 6.63
1991 2940.71 21.80 26.21 9.37 80.53 3651.55 21.54 25.82 7.72
1992 3120.04 21.72 26.25 9.31 80.48 3876.77 21.47 25.86 7.67
1993 3237.02 22.28 26.83 9.42 80.45 4023.62 22.08 26.48 7.76
1994 3411.07 22.61 27.22 9.78 80.27 4249.51 22.57 27.03 8.05
1995 3629.24 22.94 27.54 9.44 80.18 4526.24 22.89 27.34 7.78
1996 3922.55 23.41 27.98 9.11 80.07 4898.96 23.34 27.77 7.51
1997 4253.10 23.76 28.34 8.90 79.95 5319.56 23.67 28.11 7.33
1998 4666.53 24.28 28.88 8.64 79.82 5846.21 24.22 28.67 7.12
1999 4996.92 24.67 29.30 8.66 79.73 6267.10 24.60 29.07 7.14
2000 5432.96 25.16 29.80 8.51 79.62 6823.40 25.09 29.57 7.01
2001 5341.15 24.17 28.78 9.14 79.68 6703.16 24.10 28.55 7.53
2002 5333.20 23.58 28.16 9.69 79.73 6689.10 23.51 27.93 7.98
2003 5554.15 21.84 26.49 9.65 79.68 6970.26 21.60 26.09 7.95
2004 5841.17 22.09 26.78 9.44 79.63 7335.70 21.84 26.36 7.77
2005 6135.04 22.35 27.04 9.34 79.58 7709.08 22.10 26.63 7.69
2006 6447.52 22.31 26.95 9.40 79.53 8107.37 22.07 26.55 7.74


Data for 2005+ is inflated from 2004 actual.

    Wages, Self-Employment, Partnership and S-Corp

  1. Year
  2. Sum of the 4 income items (billions)
  3. Federal weighted Average MTR on 4 income items
  4. Federal plus state MTR
  5. FICA rate (see below)
  6. Share of 4 items in gross income (before adustments) plus employer share of FICA

    7. All non-gain income components

  7. Gross income plus Employer FICA
  8. Federal MTR
  9. Federal plus state MTR
  10. FICA Share

See http://www.nber.org/taxsim/barro for information.