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Tax Foundation: Summary of Latest Federal Individual Income Tax Data, 1980 – 2007

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Summary of Latest Federal Individual Income Tax Data, 1980 – 2007. “These charts contain IRS data on the taxes paid by individuals in different income groups and the cutoffs for the income groups. For an analysis of these charts, see Tax Foundation Fiscal Fact No. 183. An Excel chart and PDF are available for download at the bottom of this page.”

  • “In 2007, the top 1 percent of tax returns paid 40.4 percent of all federal individual income taxes and earned 22.8 percent of adjusted gross income. Both of those figures—share of income and share of taxes paid—are significantly higher than they were in 2004 when the top 1 percent earned 19 percent of adjusted gross income (AGI) and paid 36.9 percent of federal individual income taxes.”
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