Table 1

Untaxed income and potential revenue shrinks quickly

Billions of dollars, 2023

(Please use a modern browser to see the interactive version of this visualization)

Sources: Author's calculations; Table 1.1, Tax Year 2023, Internal Revenue Service; Institute on Taxation and Economic Policy, Who Pays?.

Note: AGI is Adjusted Gross Income. The cutoff for each group is that group’s AGI floor. Taxes include federal and estimated state income taxes.