Tax Update Blog: Permalink

These articles could be relevant if they cited their data. What is considred income and what is considered income tax?

The little note copied below is of no help in understanding. I don't understand why they don't do a better job citing the data, but it must be for a reason, and not worth their effort to dig deeper.

"(2) Federal individual income taxes is not the only tax that households pay,"

Erich, for this study, the terms are self-defining to tax geeks. AGI is simply the amount on the Adjusted Gross Income line of Form 1040, as reported on tax returns for the year (Line 37 on the 2009 1040). Income taxes are the non-employment taxes on the 1040, primarily the regular tax and alternative minimum tax.

For information on the distribution of all federal taxes, the Tax Policy Center does a nice job here: http://www.taxpolicycenter.org/UploadedPDF/411943_distribution_federal.pdf.

Further-left views from Citizens for Tax Justice are here: http://www.ctj.org/pdf/taxday2009.pdf