ReportMarch 8, 2017
CBO examines corporate tax rates—the statutory rates, as well as average and effective marginal rates—and the factors that affect them for the United States and other G20 member countries in 2012.
ReportJuly 12, 2016
If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years—reaching the highest level of debt relative to GDP ever experienced in this country.
ReportJune 8, 2016
In 2013, households in the top, middle, and bottom income quintiles received 53, 14, and 5 percent, respectively, of the nation’s before-tax income and paid 69, 9, and 1 percent, respectively, of federal taxes.
Working PaperDecember 7, 2015
This working paper describes the methods and calculations CBO used in its August 2015 baseline projections to estimate the effects of the Affordable Care Act on the labor market.
ReportNovember 19, 2015
In 2016, low- and moderate-income workers will face an effective marginal tax rate of 31 percent, on average. Federal individual income and payroll taxes will be the main contributors.
ReportDecember 18, 2014
On average, the effective marginal tax rate on capital income is 18 percent, but that rate varies significantly by sector. In this report, CBO estimates effective rates under current law and eight policy options.