Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income. Table also shows the combined effective marginal individual income plus payroll tax rate on wages and salaries. Estimates are shown by income level for 2025. Baseline is the law in place for year 2025 as of August 23, 2018. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm