Average share of growth during economic expansions captured by the top 1%, nationally and by region, 1949–2012
United States | Northeast | Midwest | South | West | |
---|---|---|---|---|---|
1949-1953 | 1.0% | 0.0% | 3.0% | 0.0% | -1.0% |
1954-1957 | 5.0% | 5.0% | 7.0% | 6.0% | 3.0% |
1958-1960 | 8.0% | 4.0% | 9.0% | 11.0% | 7.0% |
1961-1969 | 10.0% | 11.0% | 9.0% | 11.0% | 8.0% |
1970-1973 | 10.0% | 0.0% | 6.0% | 14.0% | 16.0% |
1975-1979 | 23.0% | 63.0% | 20.0% | 20.0% | 20.0% |
1982-1990 | 48.0% | 39.0% | 38.0% | 46.0% | 93.0% |
1991-2000 | 45.0% | 57.0% | 28.0% | 35.0% | 58.0% |
2001-2007 | 57.0% | 50.0% | 64.0% | 56.0% | 57.0% |
2009-2012 | 106.0% | 97.0% | 72.0% | 99.0% | 118.0% |
Source: Authors' analysis of state-level tax data from Sommeiller (2006) extended to 2012 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)