Tax Day: Just One-Third of Your Tax Bill
Created on April 15, 2015
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Read the original report, "Tax Day: Just One-Third of Your Total Tax Bill," by Rachel Greszler.
Income taxes only account for about 36 percent of the $20,667 in total taxes paid by a typical American family.
Notes: Percentages do not sum to 100 due to rounding. Figures are estimates and do not include other taxes, such as tariffs and workers’ shares of income taxes, that are indirectly paid by consumers. Figures are based on an average annual pre-tax income of $63,784, and an average consumer unit of 2.5 people and 0.6 children. Sources: U.S. Department of Labor, Bureau of Labor Statistics, “Consumer Expenditures in 2013,” http://www.bls.gov/cex/csxann13.pdf (accessed April 15, 2015), and author’s calculations.
Tags: tax-day, taxes, payroll-taxes, income-taxes