Business

Who will pay what in 2013 taxes?

Modified: March 3, 2013 at 8:01 am • Published: March 3, 2013

How much households at different income levels will pay in federal income, payroll, corporate and estate taxes for 2013.

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Bottom 20 percent

Average income: $10,552.

Average tax bill: -$284.

Average tax rate: -2.7 percent.

Share of federal tax burden: -0.4 percent.

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Middle 20 percent

Average income: $46,562.

Average tax bill: $6,436.

Average tax rate: 13.8 percent.

Share of federal tax burden: 8.6 percent.

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Top 20 percent

Average income: $204,490.

Average tax bill: $55,533.

Average tax rate: 27.2 percent.

Share of federal tax burden: 71.8 percent.

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Top 1 percent

Average income: $1.4 million.

Average tax bill: $514,144.

Average tax rate: 35.5 percent.

Share of federal tax burden: 30.2 percent.

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Note: The average family in the bottom 20 percent of households pays no federal taxes. Instead, many families in this group get payments from the federal government by claiming more in credits than they owe in taxes, giving them a negative tax rate.

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Source: Tax Policy Center


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