Weighted Average Marginal Tax Rates

    1           2           3           4           5           6           7           8           9           10       
1961
1962
1963 321.01 24.23  1.58 91.12 352.30 24.87  1.48
1964
1965 359.73 19.92  1.25 90.45 397.71 20.65  1.16
1966
1967 436.01 21.18  2.26 91.16 478.29 22.02  2.08
1968 466.85 23.13  2.93 91.01 512.95 23.99  2.69
1969 497.16 24.36  2.78 89.63 554.70 25.19  2.54
1970 558.44 23.15  2.41 90.92 614.21 23.85  2.21
1971 587.65 22.36  2.36 91.61 641.51 22.95  2.17
1972 621.84 22.07  2.83 91.22 681.72 22.65  2.59
1973 685.12 23.15  3.91 89.47 765.72 23.87  3.54
1974 760.84 23.91  4.81 89.17 853.24 24.74  4.33
1975 836.58 24.49  4.78 90.30 926.41 25.21  4.32
1976 866.72 24.81  4.90 90.07 962.28 25.46  4.40
1977 942.52 25.11  4.89 89.67 1051.10 25.66  4.38
1978 1053.34 27.71  4.97 89.60 1175.57 28.24  4.44
1979 1186.33 26.66  6.41 89.89 1319.73 27.20  5.73
1980 1326.01 27.39 31.38 7.77 89.03 1489.38 27.78 31.78 6.89
1981 1438.07 28.23 32.21 8.90 88.27 1629.27 28.49 32.47 7.73
1982 1555.50 26.64 30.67 9.14 87.43 1779.23 26.81 30.83 7.79
1983 1629.19 24.81 28.91 9.43 87.61 1859.64 24.95 29.06 7.93
1984 1724.22 24.42 28.59 9.98 87.46 1971.36 24.43 28.58 8.45
1985 1890.33 24.96 28.97 9.90 87.24 2166.87 24.66 28.56 8.21
1986 2021.89 25.51 29.54 10.09 86.59 2335.07 25.12 29.04 8.31
1987 2141.99 22.80 26.87 10.01 75.00 2855.84 22.48 26.43 8.30
1988 2358.99 21.28 25.34 10.30 82.41 2862.59 20.74 24.62 8.50
1989 2608.97 21.41 25.52 10.13 82.40 3166.25 20.89 24.83 8.33
1990 2744.01 21.36 25.59 10.64 82.38 3330.73 20.87 24.94 8.67
1991 2906.63 21.49 25.89 11.00 83.46 3482.65 20.97 25.20 8.95
1992 2984.98 21.34 25.82 11.02 84.27 3542.34 20.70 24.97 8.96
1993 3106.47 22.43 26.91 11.02 83.58 3716.54 21.75 26.00 9.06
1994 3202.05 22.42 26.86 11.52 85.73 3735.19 21.88 26.09 9.57
1995 3465.34 22.82 27.22 11.14 88.66 3908.63 22.27 26.44 9.34
1996 3663.86 23.06 27.41 10.98 87.45 4189.64 22.63 26.76 9.15
1997 3889.04 23.15 27.52 10.84 85.77 4534.51 22.73 26.90 9.00
1998 4179.16 23.50 27.85 10.69 84.11 4968.64 23.14 27.29 8.87
1999 4503.38 23.75 28.12 10.60 83.24 5410.12 23.41 27.57 8.81
2000 4816.03 24.18 28.55 10.45 82.35 5848.15 23.82 28.00 8.69
2001 5149.40 24.03 28.42 10.33 81.04 6354.52 23.67 27.86 8.54
2002 5289.57 23.31 27.69 10.50 85.86 6161.04 22.86 27.03 8.72
2003 5315.67 20.87 25.27 10.58 88.14 6030.74 20.25 24.41 8.84
2004 5456.49 21.01 25.40 10.44 87.95 6203.77 20.12 24.21 8.74
2005 5741.04 21.11 25.46 10.23 84.56 6789.70 20.20 24.25 8.56
2006 6105.53 21.25 25.57 10.21 82.68 7384.91 20.35 24.37 8.55
2007 6492.54 21.42 25.74 10.17 81.87 7930.52 20.51 24.54 8.51


Data for each row taken from the PRIOR year. 2005+ data 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.