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Choosing the Nation’s Fiscal Future
TABLE E-9 Current Tax Structure: Average Tax Rates and Tax Distribution for Virtually All Federal Taxes Combined, 2070
Average Tax Rate (percentage)
Percentage Share of Tax Burden
Percentage Change in After-Tax Incomea
Low Spending and Revenues Scenario, Which Is Current Law
First Quintile
6.9
1.1
NA
Second Quintile
13.6
4.3
NA
Third Quintile
20.1
11.7
NA
Fourth Quintile
23.0
19.9
NA
Fifth Quintile
25.2
63.0
NA
All
22.7
100.0
NA
Top 10 Percent
25.4
49.5
NA
Top 5 Percent
25.1
38.0
NA
Intermediate-1 Spending and Revenues Scenario
First Quintile
8.6
1.2
−1.8
Second Quintile
16.0
4.6
−2.7
Third Quintile
23.0
12.0
−3.6
Fourth Quintile
26.0
20.3
−3.9
Fifth Quintile
27.5
61.9
−3.0
All
25.2
100.0
−3.2
Top 10 Percent
27.5
48.2
−2.8
Top 5 Percent
27.0
36.8
−2.5
Intermediate-2 Spending and Revenues Scenario
First Quintile
9.1
1.1
−2.4
Second Quintile
17.2
4.4
−4.1
Third Quintile
25.1
11.8
−6.3
Fourth Quintile
28.6
20.1
−7.3
Fifth Quintile
30.8
62.5
−7.5
All
28.0
100.0
−6.8
Top 10 Percent
31.0
48.9
−7.5
Top 5 Percent
30.5
37.5
−7.2
High Spending and Revenues Scenario
First Quintile
12.5
1.3
−6.0
Second Quintile
21.2
4.5
−8.9
Third Quintile
30.5
11.7
−13.0
Fourth Quintile
34.6
19.8
−15.0
Fifth Quintile
37.8
62.6
−16.8
All
34.2
100.0
−14.9
Top 10 Percent
35.2
49.2
−17.0
Top 5 Percent
37.7
37.8
−16.7
NOTE: NA = not applicable.
a
