What percentage of federal revenues is derived from federal estate tax?

Answer According to the Tax Foundation, the estate tax does not comprise much of the federal revenue. The amount will vary on a yearly basis, but the percentage is usually between 1 and 2 percent of the f... Read More »

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What percentage is taken for federal payroll tax?

The total federal payroll tax in the United States is 15.3 percent. This amount is split evenly between the employer and the employee. The payroll tax is considered regressive, meaning the average ... Read More »

What percentage of Americans pay no federal tax?

Forty-seven percent of U.S. citizens didn't pay any federal tax in 2009 because they either made too little to owe money to the IRS or their tax credits exceeded the amount that they owed.Reference... Read More »

What percentage of federal tax is withheld?

The amount of federal withholding depends on how much you earn, the number of exemptions you claim, if you make any retirement contributions, and whether or not you are married or single.Source:Was... Read More »

What Is the Percentage of Federal Taxes in Alabama?

The Internal Revenue Service imposes federal taxes on all working citizens in the United States. However, each state may also impose a separate income tax on the working citizens that reside within... Read More »