%US Federal plus State Average Marginal Income Tax Rates in the NBER TAXSIM model %NOTE: 2011-2013 are projections %Sources: Feenberg, Daniel, and Elizabeth Coutts, % An Introduction to the Taxsim Model, % Journal of Policy Analysis and Management, % Vol 12, No 1, Winter 1993, 189-194 % and http://www.nber.org/~taxsim/mrates/mrates3.html % % Qualified ST LT Property Mtge Int Cash % Year Wages Interest Dividends Dividends Gains Gains Pensions Tax Paid Gifts 1979 31.49 32.95 45.86 45.88 41.00 20.17 26.13 -33.62 -29.92 -31.89 1980 33.02 34.96 47.09 47.00 43.09 20.45 28.27 -34.96 -30.89 -33.20 1981 33.92 35.10 44.28 44.26 38.65 19.88 29.54 -35.46 -31.53 -32.65 1982 31.84 32.04 39.04 39.00 36.38 18.24 27.90 -32.32 -28.81 -27.82 1983 30.30 29.47 37.02 37.09 36.29 19.00 26.13 -29.98 -26.46 -25.96 1984 29.79 30.23 36.68 36.60 35.27 19.18 26.61 -29.37 -26.24 -22.81 1985 29.93 30.06 36.70 36.70 34.72 19.11 26.50 -29.47 -26.75 -24.87 1986 30.12 29.03 34.90 34.92 36.57 20.66 26.23 -28.09 -26.55 -26.68 1987 27.65 27.49 32.01 32.02 33.61 28.75 28.45 -27.63 -25.43 -26.94 1988 26.02 25.89 29.01 28.94 29.68 30.01 26.34 -25.65 -24.07 -24.87 1989 26.16 26.66 29.15 29.16 29.56 29.52 25.31 -25.73 -24.10 -24.88 1990 26.15 26.56 28.98 28.95 29.70 29.16 25.42 -25.53 -23.83 -24.63 1991 26.24 26.41 29.49 29.57 31.17 28.34 25.17 -24.48 -23.32 -22.87 1992 26.36 25.90 29.25 29.26 32.20 29.05 25.38 -24.12 -23.16 -23.30 1993 27.14 27.22 30.98 30.99 34.83 29.92 25.89 -24.78 -23.91 -25.66 1994 27.49 28.16 31.33 31.34 33.38 30.47 26.89 -24.25 -24.19 -25.66 1995 27.83 29.86 32.05 32.07 35.45 31.17 27.46 -24.28 -24.27 -25.93 1996 28.10 29.03 32.56 32.56 36.32 30.89 28.50 -23.33 -23.59 -24.44 1997 28.36 29.88 33.05 33.06 36.57 23.94 28.74 -23.85 -24.02 -25.45 1998 28.64 30.13 33.00 32.99 35.67 24.07 29.51 -23.92 -24.07 -24.80 1999 29.06 30.39 33.23 33.23 37.46 24.33 30.10 -23.64 -24.16 -25.06 2000 29.52 31.14 33.58 33.58 37.35 24.41 30.31 -23.31 -23.91 -25.04 2001 28.57 29.30 31.84 31.86 35.36 24.00 28.38 -22.50 -23.04 -24.03 2002 27.81 27.88 30.74 30.75 33.59 23.89 27.27 -21.27 -22.54 -23.51 2003 25.90 26.03 25.60 18.53 31.09 19.53 24.57 -18.29 -20.76 -21.73 2004 26.24 26.89 26.45 19.01 31.88 19.65 25.23 -17.71 -20.92 -21.92 2005 26.47 27.88 27.62 18.99 31.78 19.73 25.92 -16.87 -20.84 -22.04 2006 26.38 28.54 28.87 19.53 31.62 19.56 26.12 -16.93 -20.47 -22.46 2007 26.23 28.44 28.81 19.48 31.54 19.53 25.93 -16.92 -20.35 -22.39 2008 26.12 28.39 28.71 18.76 31.43 19.26 25.82 -16.94 -20.20 -22.70 2009 25.73 28.03 28.32 18.74 31.48 19.48 25.17 -16.21 -19.34 -22.07 2010 25.89 28.14 28.38 18.85 31.57 19.52 25.34 -16.76 -19.98 -22.69 2011 25.80 28.08 28.40 18.75 31.41 19.49 25.22 -16.83 -19.96 -22.70 2012 26.52 28.59 28.94 19.03 31.62 19.56 25.94 -14.64 -20.79 -23.25 2013 29.00 31.99 32.59 36.01 35.64 24.75 28.85 -20.84 -22.22 -24.57