Weighted Average Marginal Tax Rates

    1           2           3           4           5           6           7           8           9           10       
1960 272.67 22.98  1.65 84.64 322.17 22.56  1.36
1961 283.68 23.23  1.58 84.62 335.22 22.81  1.30
1962 300.55 23.65  1.54 84.61 355.22 23.23  1.27
1963 317.02 24.75  1.68 84.60 374.75 24.32  1.39
1964 342.67 21.99  1.53 84.58 405.15 21.60  1.26
1965 371.78 21.18  1.36 84.66 439.15 20.81  1.12
1966 403.97 21.85  2.29 84.63 477.31 21.45  1.89
1967 430.39 22.27  2.25 84.62 508.60 21.87  1.86
1968 471.43 24.76  2.56 84.60 557.27 24.31  2.11
1969 513.94 26.15  2.54 84.58 607.66 25.67  2.09
1970 541.90 24.70  2.41 84.57 640.80 24.25  1.99
1971 577.16 23.81  2.44 84.55 682.60 23.33  2.01
1972 639.08 24.27  2.66 84.53 756.03 23.78  2.20
1973 717.56 25.42  3.36 84.50 849.15 24.90  2.77
1974 777.23 26.24  4.09 84.49 919.91 25.69  3.38
1975 809.97 26.06  4.35 85.83 943.68 25.46  3.59
1976 902.85 26.79  4.31 85.81 1052.20 26.11  3.56
1977 1001.57 27.98  4.26 85.96 1165.16 27.31  3.52
1978 1134.42 29.65  4.20 86.08 1317.90 28.91  3.47
1979 1279.88 28.26 32.42 5.29 86.36 1481.99 27.68 31.66 4.37
1980 1410.89 29.07 33.18 5.61 86.38 1633.42 28.39 733.19 4.63
1981 1556.96 29.93 34.02 6.54 86.86 1792.42 29.15 733.69 5.39
1982 1616.71 28.01 32.14 7.14 86.71 1864.46 27.20 31.18 5.89
1983 1720.99 25.87 30.33 7.57 87.13 1975.11 25.19 29.49 6.24
1984 1916.38 25.95 30.45 7.61 86.77 2208.67 25.54 29.89 6.28
1985 2042.11 26.14 30.57 7.64 86.71 2355.19 25.72 30.01 6.31
1986 2217.04 26.61 31.05 7.66 86.57 2560.95 26.19 30.48 6.32
1987 2430.83 24.08 28.33 7.32 80.68 3012.89 23.80 27.90 6.04
1988 2627.50 22.27 26.51 7.30 80.57 3261.21 21.95 26.05 6.02
1989 2810.61 22.46 26.71 7.38 80.50 3491.65 22.13 26.25 6.09
1990 2925.16 22.32 26.60 7.94 80.65 3626.76 22.00 26.16 6.55
1991 2970.12 21.91 26.30 9.29 80.68 3681.54 21.64 25.90 7.66
1992 3151.24 21.81 26.34 9.23 80.62 3908.58 21.55 25.94 7.62
1993 3269.39 22.39 26.95 9.33 80.59 4056.61 22.18 26.59 7.70
1994 3445.18 22.71 27.33 9.68 80.41 4284.55 22.65 27.13 7.99
1995 3665.53 23.03 27.64 9.37 80.32 4563.45 22.97 27.43 7.74
1996 3961.78 23.50 28.09 9.04 80.21 4939.09 23.42 27.86 7.46
1997 4295.63 23.84 28.45 8.82 80.10 5362.99 23.74 28.20 7.28
1998 4713.20 24.37 28.98 8.57 79.97 5893.78 24.29 28.75 7.07
1999 5046.89 24.74 29.38 8.60 79.88 6317.97 24.66 29.14 7.09
2000 5487.29 25.23 29.89 8.43 79.77 6878.61 25.16 29.67 6.96
2001 5394.56 24.25 28.87 9.07 79.83 6757.53 24.17 28.63 7.48
2002 5386.54 23.64 28.24 9.60 79.88 6743.50 23.56 28.00 7.92
2003 5609.69 21.92 26.61 9.57 79.83 7026.85 21.67 26.19 7.90
2004 5899.58 22.17 26.83 9.55 79.78 7395.17 21.91 26.41 7.88
2005 6196.39 22.43 27.07 9.64 79.73 7771.56 22.17 26.66 7.95
2006 6511.99 22.39 27.01 9.91 79.68 8172.99 22.14 26.60 8.18


This table has the unusual feature that all incomes are increased by 1% before the tax calculation. Please see the web page below.

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.