1、1 For more information on the structural components of the federal income tax and indexation,see CRS Report RL30007, Individual Income Tax Rates: 2004, by Gregg A. Esenwein.2 The child and dependent care tax credit might also influence a households federal income taxthreshold, but it is not addresse
2、d in this report.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21841May 12, 2004Federal Individual Income Tax Thresholds for 2004Gregg EsenweinSpecialist in Public FinanceGovernment and Finance DivisionSummaryOne commonly accept
3、ed principle of tax fairness reflected in the U.S. tax code isthat families at the low end of the income spectrum, especially those near the povertythreshold, should not be subject to the federal income tax. Since the major componentsof the federal income tax that govern these tax thresholds are ind
4、exed for inflation,nominal dollar federal individual income tax thresholds change every year.1 This reportpresents the tax thresholds for various family income levels for tax year 2004. Thisreport will not be updated.The major structural components of the tax code that influence the income levels at
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