So what are the effective tax rates for seniors? What about other age groups?
Well I had to figure the numbers based on # of filers and their total incomes and total taxes paid per age group.
TaxFoundation has a page which gives all the data for 2009, they just got it off the IRS site.
Effective Income tax Rate per age group for 2009 :
All returns | 12% |
Under 18 | 8% |
18 under 26 | 5% |
26 under 35 | 9% |
35 under 45 | 12% |
45 under 55 | 14% |
55 under 65 | 15% |
65 and over | 13% |
This includes all filers in each age group. Some people didn't have to file and its looking at the Adjusted Gross Income.
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