Washington (Dec. 17, 2002) -- Individual Adjusted Gross Income surged 8.7 percent to almost $6.4 trillion in 2000, while the income tax paid by individuals grew at an even faster pace, to nearly $981 billion.
These figures, from individual tax returns for 2000, are reported in the just issued Fall 2002 Statistics of Income Bulletin. Capital gains were one of the fastest growing components of income, jumping 16.2 percent over the prior year to $630.5 billion.
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