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A CBO Paper: Effective Marginal Tax Rates on Labor Income [i] (November 2005)

handle is hein.congrec/cbo0869 and id is 1 raw text is: 





                             CONGRrSS Or TIlE UNITED STATES
                             CONGRESSIONAL BUDGET OFFICE



 Effective Marginal Tax Rates on Labor Income






     Percent
 60




 40  -
                           Marginal Federal Income
                             and Payroll Tax Rate
 30  -

 20                                                      Marginal Federal
                      • ,  z;Income Tax Rate

 10

 0              .. .. .. .. .. .. .. .. .. .. .. .. .. ............ ..................... .. ....... .......


 -10


 -20

 -30


-40
   0      10      20     30     40      50     60     70      80     90     100


Cumulative Percentage of Tax Returns with Earnings