Revenues > Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations > PART II > Government 10-K

Government 10-K PART II Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Revenues

Published on Mon, May 17, 2021 9:00AM PDT | Updated Mon, May 17, 2021 2:54PM PDT

Revenues37

Fiscal year 2018 compared with fiscal year 2017

 

 

2018

 

 

2017

 

 

Changes 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In billions, except percentages)

 

Total

 

Federal

 

State and

Local 1

 

 

Total

 

Federal

 

State and

Local 1

 

 

Total

 

Federal

 

State and

Local 1

 

Total

 

Federal

 

State and

Local 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individual income taxes

 

$

2,109

 

$

1,683

 

$

426

 

 

$

1,972

 

$

1,587

 

$

385

 

 

$

137

 

$

96

 

$

41

 

 

7%

 

 

6%

 

 

11%

Payroll taxes

 

 

1,189

 

 

1,189

 

 

 

 

 

1,180

 

 

1,180

 

 

 

 

 

9

 

 

9

 

 

 

 

1%

 

 

1%

 

 

—%

Sales and excise taxes

 

 

706

 

 

95

 

 

611

 

 

 

665

 

 

84

 

 

581

 

 

 

41

 

 

11

 

 

30

 

 

6%

 

 

13%

 

 

5%

Property taxes

 

 

547

 

 

 

 

547

 

 

 

525

 

 

 

 

525

 

 

 

22

 

 

 

 

22

 

 

4%

 

 

—%

 

 

4%

Corporate income taxes

 

 

261

 

 

205

 

 

56

 

 

 

350

 

 

297

 

 

53

 

 

 

(89)

 

 

(92)

 

 

3

 

 

(25)%

 

 

(31)%

 

 

6%

Other taxes

 

 

206

 

 

74

 

 

132

 

 

 

186

 

 

67

 

 

119

 

 

 

20

 

 

7

 

 

13

 

 

11%

 

 

10%

 

 

11%

Tax revenues

 

$

5,018

 

$

3,246

 

$

1,772

 

 

$

4,878

 

$

3,215

 

$

1,663

 

 

$

140

 

$

31

 

$

109

 

 

3%

 

 

1%

 

 

7%

Earnings on investments

 

$

439

 

$

 

$

439

 

 

$

455

 

$

 

$

455

 

 

$

(16)

 

$

 

$

(16)

 

 

(4)%

 

 

—%

 

 

(4)%

Federal Reserve earnings

 

 

71

 

 

71

 

 

 

 

 

82

 

 

82

 

 

 

 

 

(11)

 

 

(11)

 

 

 

 

(13)%

 

 

(13)%

 

 

—%

Sales of government resources

 

 

24

 

 

11

 

 

13

 

 

 

19

 

 

5

 

 

14

 

 

 

5

 

 

6

 

 

(1)

 

 

26%

 

 

120%

 

 

(7)%

Other non-tax revenues

 

 

164

 

 

31

 

 

133

 

 

 

165

 

 

38

 

 

127

 

 

 

(1)

 

 

(7)

 

 

6

 

 

(1)%

 

 

(18)%

 

 

5%

Total non-tax revenues

 

$

698

 

$

113

 

$

585

 

 

$

721

 

$

125

 

$

596

 

 

$

(23)

 

$

(12)

 

$

(11)

 

 

(3)%

 

 

(10)%

 

 

(2)%

Total revenues

 

$

5,716

 

$

3,359

 

$

2,357

 

 

$

5,599

 

$

3,340

 

$

2,259

 

 

$

117

 

$

19

 

$

98

 

 

2%

 

 

1%

 

 

4%

Estimated impact of inflation on total revenues

 

 

 

 

 

 

 

 

 

 

 

 

$

134

 

$

80

 

$

54

 

 

2%

 

 

2%

 

 

2%

Estimated Impact of population growth on total revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

30

 

 

18

 

 

12

 

 

1%

 

 

1%

 

 

1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 State and local revenue excludes transfers from the federal government. See separate schedule and discussion of intergovernmental transfers at Note 23 – Intergovernmental transfers (Part II, Item 8 within this annual report).

2 Key changes are highlighted in gray in the table above and are discussed in the sections below.

2017 to 2018 | Federal individual income tax revenue

The federal individual income tax revenue increase of $96 billion can be attributed $98 billion* to higher taxable income, offset in part by a decrease of $2 billion* attributed to changes in in average tax rates.

Income changes*

The $98 billion increase in revenue attributable to higher taxable income reflected a $671 billion or 6% increase in aggregate AGI, as well as a $198 billion or 7% decrease in aggregate deductions and exemptions. Following are the income components of AGI shown by AGI group (cohort).

 

2018

 

2017

 

 

Changes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In billions, except percentages)

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

 

 

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

 

 

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

Wages and Salaries

 

Capital Gains

Partnership

and S-Corp

All Other1

Total AGI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                             

 

 

 

Less than $1

$

22

 

$

17

 

$

(53)

 

$

(197)

 

$

(211)

 

 

 

$

20

 

$

17

 

$

(55)

 

$

(206)

 

$

(224)

 

 

 

$

2

 

$

-

 

$

2

 

$

9

 

$

13

 

 

10%

 

0%

4%

 

4%

6%

$1-$50K

 

1,598

 

 

11

 

 

7

 

 

348

 

 

1,964

 

 

 

 

1,594

 

 

10

 

 

8

 

 

353

 

 

1,965

 

 

 

 

4

 

 

1

 

 

(1)

 

 

(5)

 

 

(1)

 

 

0%

 

10%

 

(13)%

 

(1)%

0%

$50,001-$75K

 

1,022

 

 

12

 

 

10

 

 

269

 

 

1,313

 

 

 

 

991

 

 

11

 

 

10

 

 

264

 

 

1,276

 

 

 

 

31

 

 

1

 

 

-

 

 

5

 

 

37

 

 

3%

 

9%

 

0%

 

2%

3%

$75,001-$100K

 

882

 

 

17

 

 

13

 

 

270

 

 

1,182

 

 

 

 

866

 

 

15

 

 

14

 

 

264

 

 

1,159

 

 

 

 

16

 

 

2

 

 

(1)

 

 

6

 

 

23

 

2%

 

13%

 

(7)%

 

2%

2%

$100,001-$200K

 

2,092

 

 

67

 

 

61

 

 

616

 

 

2,836

 

 

 

 

1,992

 

 

59

 

 

61

 

 

557

 

 

2,669

 

 

 

 

100

 

 

8

 

 

-

 

 

59

 

 

167

 

 

5%

 

14%

 

0%

 

11%

6%

$200,001-$500K

 

1,292

 

 

118

 

 

146

 

 

365

 

 

1,921

 

 

 

 

1,182

 

 

99

 

 

137

 

 

307

 

 

1,725

 

 

 

 

110

 

 

19

 

 

9

 

 

58

 

 

196

 

 

9%

 

19%

 

7%

 

19%

11%

$500,001-$1 million

 

406

 

 

86

 

 

124

 

 

114

 

 

730

 

 

 

 

371

 

 

73

 

 

124

 

 

92

 

 

660

 

 

 

 

35

 

 

13

 

 

-

 

 

22

 

 

70

 

 

9%

 

18%

 

0%

 

24%

11%

Over $1 million

 

511

 

 

567

 

 

375

 

 

297

 

 

1,750

 

 

 

 

472

 

 

502

 

 

368

 

 

242

 

 

1,584

 

 

 

 

39

 

 

65

 

 

7

 

 

55

 

 

166

 

 

8%

 

13%

 

2%

 

23%

10%

Total

$

7,825

 

$

895

 

$

683

 

$

2,082

 

$

11,485

 

 

 

$

7,488

 

$

786

 

$

667

 

$

1,873

 

$

10,814

 

 

 

$

337

 

$

109

 

$

16

 

$

209

 

$

671

 

 

5%

 

14%

 

2%

 

11%

6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 All Other includes interest, dividends, state income tax refunds, business or profession net income (loss), taxable individual retirement arrangement distributions, taxable pensions and annuities, taxable social security benefits, and other income (loss), less: self-employed SEP, self-employed health insurance, retirement account deductions, student loan interest deductions, tuition and fees deduction, domestic production activities deduction, and other deductions.

AGI by cohort

AGI increased for nearly all income cohorts, most significantly for the cohorts with AGI above $100,000, a group which saw its aggregate AGI increase over $599 billion or 9% for the year. The cohort with the largest dollar and rate increases in AGI was the one with AGI between $200,001 and $500,000, at an increase of $196 billion or 11%, driven primarily by higher wages and salaries but with increases across all sources of income. The increases in AGI for these cohorts were offset in part by a $1 billion or 0% decrease in AGI for the cohort where AGI is between $1 and $50,000, driven primarily by decreased All Other income.

AGI by income type

Over half of the overall $671 billion increase in AGI was driven by higher wages and salaries, which increased $337 billion or 5%. All AGI cohorts saw wage and salary growth. The largest dollar amount of growth, at an increase of $110 billion or 9%, was for the cohort with AGI between $200,001 and $500,000. The highest rate of wage and salary growth, at an increase of 10% or $2 billion, was for the cohort with AGI less than $1.

Net capital gains income increased $109 billion or 14%, comprising 16% of the overall increase in AGI. All AGI cohorts saw increases in net capital gains income. The largest dollar amount of growth, at an aggregate increase of $65 billion or 13%, was for the cohort with AGI over $1 million. The highest rate of growth, at 19% or $19 billion, was for the cohort with AGI between $200,001 and $500,000. The average daily closing price of the S&P 500 between these federal fiscal years (October 1 to September 30) increased 16%, which may have contributed to increases in capital gains.

Partnership and S-Corporation income increased $16 billion or 2%, comprising 2% of the overall increase in AGI. Experiences varied among cohorts. The largest dollar amount and highest rate of growth, at $9 billion or 7%, respectively, was for the cohort with AGI between $200,001 and $500,000.

Income within the “All Other” category shown in the table above increased $209 billion or 11%, comprising 31% of the overall increase in AGI. This increase was driven primarily by: a $96 billion or 7% increase in taxable retirement income, comprising taxable Individual Retirement Account (IRA), pension, annuity, and Social Security distributions; a $38 billion or 14% increase in dividend income; and a $19 billion or 18% increase in taxable interest income.

  • Within the increase in taxable retirement income, the largest dollar amount of growth, at an increase of $48 billion or 11% was for the cohort with AGI between $100,001 and $200,000. The highest rate of growth, at 26% or $7 billion, was for the cohort with AGI between $500,001 and $1,000,000. During this period, the population of those aged 65 years and older, the cohort most likely to be taking retirement income distributions, increased 3%.
  • Within the increase in dividend income, the largest dollar amount of increase and highest of growth, at $20 billion or 20%, was for the cohort with AGI greater than $1 million.
  • Within the increase in taxable interest income, the largest amount of growth of $10 billion or 24%, was for the cohort with AGI greater than $1 million, while the highest rate of growth at 25% or $2 billion, was for the cohort with AGI between $500,001 and $1 million.

AGI mobility – numbers of income tax returns filed by income cohort

((In thousands, except percentages)

 

2018

 

 

 

 

 

2017

 

 

 

 

Changes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less than $1

 

1,980

 

 

 

 

 

2,045

 

 

 

 

 

(65)

 

 

(3)%

$1-$50K

 

87,408

 

 

 

 

 

88,857

 

 

 

 

 

(1,449)

 

 

(2)%

$50,001-$75K

 

21,335

 

 

 

 

 

20,775

 

 

 

 

 

560

 

 

3%

$75,001-$100K

 

13,641

 

 

 

 

 

13,375

 

 

 

 

 

266

 

 

2%

$100,001-$200K

 

20,848

 

 

 

 

 

19,678

 

 

 

 

 

1,170

 

 

6%

$200,001-$500K

 

6,733

 

 

 

 

 

6,057

 

 

 

 

 

676

 

 

11%

$500,001-$1 million

 

1,084

 

 

 

 

 

981

 

 

 

 

 

103

 

 

10%

Over $1 million

 

528

 

 

 

 

 

477

 

 

 

 

 

51

 

 

11%

Total

 

153,557

 

 

 

 

 

152,245

 

 

 

 

 

1,312

 

 

1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The number of income tax returns filed for the lowest income cohorts, those with AGI of $50,000 or less, decreased by 1.5 million tax returns in aggregate, while the number of tax returns filed increased for all other AGI cohorts. The group with the highest increase in number of returns filed was the cohort with AGI between $100,001 and $200,000, at an increase of 1.2 million returns, while the groups with the highest percentage increase in the number of returns filed were the cohorts with AGI between $200,001 and $500,000 and with AGI greater than $1 million, both at an increase of 11%.

Deductions and exemptions

 

2018

 

 

 

2017

 

 

 

Changes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In billions, except percentages)

Itemized Deductions

 

Standard Deductions

 

Exemptions

 

Limitations1

 

Total Deductions/ Exemptions

 

 

 

Itemized Deductions

 

Standard Deductions

 

Exemptions

 

Limitations1

 

Total Deductions/ Exemptions

 

 

 

Itemized Deductions

 

Standard Deductions

 

Exemptions

 

Limitations1

 

Total Deductions/ Exemptions

 

Itemized Deductions

 

Standard Deductions

Exemptions

Limitations1

Total Deductions/ Exemptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less than $1

$

 

$

 

$

2

 

$

(213)

 

$

(211)

 

 

 

$

 

$

 

$

12

 

$

(236)

 

$

(224)

 

 

 

$

 

$

 

$

(10)

 

$

23

 

$

13

 

 

—%

 

—%

 

(83)%

 

10%

6%

$1-$50K

 

85

 

 

1,078

 

 

143

 

 

(162)

 

 

1,144

 

 

 

 

159

 

 

634

 

 

572

 

 

(209)

 

 

1,156

 

 

 

 

(74)

 

 

444

 

 

(429)

 

 

47

 

 

(12)

 

 

(47)%

 

70%

(75)%

 

22%

(1)%

$50,001-$75K

 

79

 

 

292

 

 

44

 

 

7

 

 

422

 

 

 

 

142

 

 

131

 

 

174

 

 

(2)

 

 

445

 

 

 

 

(63)

 

 

161

 

 

(130)

 

 

9

 

 

(23)

 

 

(44)%

 

123%

 

(75)%

450%

(5)%

$75,001-$100K

 

83

 

 

195

 

 

32

 

 

6

 

 

316

 

 

 

 

149

 

 

73

 

 

127

 

 

(3)

 

 

346

 

 

 

 

(66)

 

 

122

 

 

(95)

 

 

9

 

 

(30)

 

 

(44)%

 

167%

(75)%

 

300%

(9)%

$100,001-$200K

 

229

 

 

278

 

 

53

 

 

21

 

 

581

 

 

 

 

391

 

 

59

 

 

210

 

 

(2)

 

 

658

 

 

 

 

(162)

 

 

219

 

 

(157)

 

 

23

 

 

(77)

 

 

(41)%

 

371%

 

(75)%

 

1,150%

(12)%

$200,001-$500K

 

161

 

 

64

 

 

15

 

 

26

 

 

266

 

 

 

 

249

 

 

5

 

 

58

 

 

(2)

 

 

310

 

 

 

 

(88)

 

 

59

 

 

(43)

 

 

28

 

 

(44)

 

 

(35)%

 

1,180%

 

(75)%

 

1,400%

(14)%

$500,001-$1 million

 

54

 

 

7

 

 

 

 

11

 

 

72

 

 

 

 

81

 

 

1

 

 

 

 

(1)

 

 

81

 

 

 

 

(27)

 

 

6

 

 

 

 

12

 

 

(9)

 

 

(33)%

 

600%

 

—%

 

1,200%

(11)%

Over $1 million

 

146

 

 

2

 

 

 

 

39

 

 

187

 

 

 

 

204

 

 

 

 

 

 

(1)

 

 

203

 

 

 

 

(58)

 

 

2

 

 

 

 

40

 

 

(16)

 

 

(28)%

 

100%

 

—%

 

4,000%

(8)%

Total

$

837

 

$

1,916

 

$

289

 

$

(265)

 

$

2,777

 

 

 

$

1,375

 

$

903

 

$

1,153

 

$

(456)

 

$

2,975

 

 

 

$

(538)

 

$

1,013

 

$

(864)

 

$

191

 

$

(198)

 

 

(39)%

 

112%

 

(75)%

 

42%

(7)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 Limitations represents the effect of limiting taxable income to no less than zero. If the combination of deductions and exemptions exceeds AGI, the excess deductions and exemptions are disallowed.

The $198 billion decrease in deductions and exemptions from 2017 to 2018 reflected a $389 billion shift in total deductions and exemptions from larger itemized deductions and exemptions and into smaller standard deductions, presumably largely due to tax law changes from the TCJA. Unfortunately, we are unable to separate the impact of changes in behavior due to the TCJA. The shift from itemized deductions and exemptions to standard deductions occurred across all AGI cohorts. The cohort with the largest dollar change, at a decrease of $100 billion or 15% in deductions and exemptions (before limitations), is the cohort with AGI between $100,001 and $200,000. The cohort with the largest percent change, at a decrease of 75% or $10 billion, is the cohort with AGI less than $1. These decreases in deductions and exemptions were offset in part by lower disallowances due to limitations, which were also seen across all AGI cohorts.

Tax rate changes

There were several key statutory individual income tax rate changes during this period due to the Tax Cuts and Jobs Act (TCJA).  The TCJA reduced individual income tax rates overall, effective January 1, 2018, including:

  • decreasing the top individual income tax rate from 39.6% to 37%;
  • eliminating the personal exemptions, and capping the state and local tax deduction at $10,000, while nearly doubling the amount of the standard deduction;
  • increasing the child tax credit; and
  • providing a 20% deduction of qualified business income and certain dividends for individuals.

2017 to 2018 | State and local individual income tax revenue

The $41 billion state and local individual income tax revenue increase can be attributed $23 billion** to higher taxable income and $18 billion** to changes in average tax rates.

Income changes**

The $23 billion increase attributable to higher individual taxable income reflected an approximately $506 billion or 6% increase in the aggregate AGI of all individual taxpayers in all states that tax individual income. Following are the income components of AGI shown by AGI cohort.

 

2018

 

2017

 

 

Changes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In billions, except percentages)

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

 

 

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

 

 

Wages and Salaries

 

Capital Gains

 

Partnership

and S-Corp

 

All Other1

 

Total AGI

 

Wages and Salaries

 

Capital Gains

Partnership

and S-Corp

All Other1

Total AGI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                             

 

 

 

Less than $1

$

13

 

$

12

 

$

(37)

 

$

(143)

 

$

(155)

 

 

 

$

12

 

$

11

 

$

(35)

 

$

(144)

 

$

(156)

 

 

 

$

1

 

$

1

 

$

(2)

 

$

1

 

$

1

 

 

8%

 

9%

6%

 

(1)%

(1)%

$1-$50K

 

1,222

 

 

11

 

 

5

 

 

285

 

 

1,523

 

 

 

 

1,221

 

 

9

 

 

6

 

 

290

 

 

1,526

 

 

 

 

1

 

 

2

 

 

(1)

 

 

(5)

 

 

(3)

 

 

0%

 

22%

 

(17)%

 

(2)%

0%

$50,001-$75K

 

794

 

 

11

 

 

8

 

 

219

 

 

1,032

 

 

 

 

775

 

 

9

 

 

8

 

 

210

 

 

1,002

 

 

 

 

19

 

 

2

 

 

0

 

 

9

 

 

30

 

 

2%

 

22%

 

0%

 

4%

3%

$75,001-$100K

 

704

 

 

14

 

 

10

 

 

209

 

 

937

 

 

 

 

689

 

 

11