IRS Statistics 2008

Tuesday, Apr 21, 2009

During Fiscal Year (FY) 2008, the IRS collected more than $2.3 trillion in tax, net of refunds, 45.8 percent of which was attributable to the individual income tax.

Internal Revenue Service Data Book 2008, Published March 2009, http://www.irs.gov/pub/irs-soi/08databk.pdf.

Recap of 2008:

<li>The Federal IRS collected $2.3 trillion in tax:

* The IRS cost $11 billion, 70% of which is for 90,647 employees. * Average tax per individual was $8,979. * 183 million individual and corporate returns were filed, of which 0.8% or 1.5 million were "examined." 430 thousand were physically audited.  Chance of audit = 0.2%. * 1,479,956 thousand Tax-exempt organizations (Table 25) (501(c)(3) through (9)). * An estimated 4.8 million people don't file their taxes. * The IRS only seized property from 610 people, although it levied third parties (e.g. employers) of 2.6 million delinquents. * The IRS launched 3,749 legal investigations with an 80% sentencing rate of those that went to trial.

Despite 3 years of overall tax rate increases, the average tax rate paid by the top 1 percent has decreased for the past 5 years, while the rates paid by the top 10 percent, 25 percent, and 50 percent all increased from 2005.

Internal Revenue Service, Statistics of Income (SOI) Bulletin, Winter 2009 Edition, http://www.irs.gov/pub/irs-soi/09winbul.pdf.

In 2006, the total income tax share, as a percentage, for the top X percent of taxpayers (Table 5):

United States Fast Facts: http://www.bts.gov/publications/statetransportationstatistics/statetransportationstatistics2007/html/fastfacts.html.

See also historical tables: http://www.whitehouse.gov/omb/budget/Historicals/