Friday, August 27, 2004

The just-released Statistics of Income Bulletin (Spring 2004) includes Individual Income Tax Rates and Shares, 2001, by David Campbell (SOI) & Michael Parisi (SOI). Here is the abstract:

This report features information on individual income tax rates and shares for tax year 2001. There were 130.3 million individual tax returns, of which almost 94.8 million, or 72.8 percent, were classified as taxable returns. Adjusted gross income (AGI) on taxable returns fell 4 percent to $5,847 billion. Total income tax fell 10.4 percent.

For related tables of data, see here.