Personal Income Tax Statistics - 1995

 

Adjusted Gross Income

Number of Returns

Total Income

Net Federal Tax

Net Vermont Tax

Percent of Filers

Percent of Tax Paid

Percent Tax of Income

0

-

4,999

34,832

85,254,739

1,272,918

309,286

13.3%

0.1%

0.4%

5,000

-

9,999

29,572

220,777,415

5,505,671

1,316,904

11.3%

0.5%

0.6%

10,000

-

14,999

29,617

370,285,102

17,549,729

4,189,879

11.3%

1.7%

1.1%

15,000

-

19,999

27,675

482,675,324

32,170,481

7,738,459

10.6%

3.1%

1.6%

20,000

-

24,999

22,828

511,360,663

40,224,694

9,703,956

8.7%

3.9%

1.9%

25,000

-

29,999

17,871

489,996,485

42,350,495

10,207,062

6.8%

4.1%

2.1%

30,000

-

34,999

15,701

509,460,127

47,456,524

11,396,906

6.0%

4.6%

2.2%

35,000

-

39,999

13,822

517,676,799

51,615,483

12,407,022

5.3%

5.0%

2.4%

40,000

-

44,999

12,103

513,328,582

52,842,188

12,711,249

4.6%

5.1%

2.5%

45,000

-

49,999

10,127

480,303,286

50,920,240

12,218,487

3.9%

4.9%

2.5%

50,000

-

59,999

15,753

861,687,811

95,827,849

22,985,949

6.0%

9.2%

2.7%

60,000

-

74,999

13,735

915,826,819

116,901,548

27,915,976

5.3%

11.2%

3.1%

75,000

-

99,999

9,495

808,316,054

121,355,025

28,797,002

3.6%

11.6%

3.6%

100,000

-

199,999

6,686

876,392,753

161,579,329

37,337,479

2.6%

15.0%

4.3%

200,000

+

1,933

841,822,183

225,315,254

49,715,033

0.7%

20.0%

5.9%

                   

StateTotal

261,750

8,485,164,142

1,062,887,428

248,950,649

100.0%

100.0%

2.9%

Out of State/Other

34,849

2,796,847,328

603,909,442

18,761,700

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Total All Returns

296,599

11,282,011,470

1,666,796,870

267,712,349

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Source: Vermont Department of Tax