After-tax corporate profits as share of GDP, and corporate income taxes as share of GDP and federal revenue, 1952–2015
Fiscal Year | Corporate income taxes as a percentage of federal revenue | Corporate income taxes as a share of GDP | After-tax corporate profits as a share of GDP |
---|---|---|---|
1952 | 32.1% | 5.9% | 5.5% |
1953 | 30.5% | 5.6% | 5.1% |
1954 | 30.3% | 5.4% | 5.6% |
1955 | 27.3% | 4.4% | 6.6% |
1956 | 28.0% | 4.8% | 6.2% |
1957 | 26.5% | 4.6% | 5.8% |
1958 | 25.2% | 4.2% | 5.2% |
1959 | 21.8% | 3.4% | 6.1% |
1960 | 23.2% | 4.0% | 5.9% |
1961 | 22.2% | 3.8% | 5.9% |
1962 | 20.6% | 3.5% | 6.6% |
1963 | 20.3% | 3.5% | 6.9% |
1964 | 20.9% | 3.5% | 7.2% |
1965 | 21.8% | 3.6% | 7.8% |
1966 | 23.0% | 3.8% | 7.6% |
1967 | 22.8% | 4.1% | 7.1% |
1968 | 18.7% | 3.2% | 6.6% |
1969 | 19.6% | 3.7% | 5.7% |
1970 | 17.0% | 3.1% | 4.8% |
1971 | 14.3% | 2.4% | 5.4% |
1972 | 15.5% | 2.6% | 5.8% |
1973 | 15.7% | 2.7% | 5.8% |
1974 | 14.7% | 2.6% | 4.7% |
1975 | 14.6% | 2.5% | 5.2% |
1976 | 13.9% | 2.3% | 5.8% |
1977 | 15.4% | 2.7% | 6.3% |
1978 | 15.0% | 2.6% | 6.5% |
1979 | 14.2% | 2.6% | 6.0% |
1980 | 12.5% | 2.3% | 4.8% |
1981 | 10.2% | 1.9% | 5.1% |
1982 | 8.0% | 1.5% | 4.9% |
1983 | 6.2% | 1.0% | 5.5% |
1984 | 8.5% | 1.4% | 5.9% |
1985 | 8.4% | 1.4% | 5.9% |
1986 | 8.2% | 1.4% | 4.7% |
1987 | 9.8% | 1.8% | 4.8% |
1988 | 10.4% | 1.8% | 5.2% |
1989 | 10.4% | 1.9% | 4.7% |
1990 | 9.1% | 1.6% | 4.5% |
1991 | 9.3% | 1.6% | 5.1% |
1992 | 9.2% | 1.6% | 5.0% |
1993 | 10.2% | 1.7% | 5.1% |
1994 | 11.2% | 2.0% | 5.9% |
1995 | 11.6% | 2.1% | 6.3% |
1996 | 11.8% | 2.2% | 6.8% |
1997 | 11.5% | 2.1% | 7.2% |
1998 | 11.0% | 2.1% | 6.1% |
1999 | 10.1% | 1.9% | 5.9% |
2000 | 10.2% | 2.0% | 5.0% |
2001 | 7.6% | 1.4% | 5.2% |
2002 | 8.0% | 1.4% | 6.5% |
2003 | 7.4% | 1.2% | 7.1% |
2004 | 10.1% | 1.6% | 8.0% |
2005 | 12.9% | 2.2% | 8.1% |
2006 | 14.7% | 2.6% | 8.5% |
2007 | 14.4% | 2.6% | 7.5% |
2008 | 12.1% | 2.1% | 6.6% |
2009 | 6.6% | 1.0% | 7.8% |
2010 | 8.9% | 1.3% | 9.2% |
2011 | 7.9% | 1.2% | 9.3% |
2012 | 9.9% | 1.5% | 9.6% |
2013 | 9.9% | 1.6% | 9.4% |
2014 | 10.6% | 1.9% | 9.3% |
2015 | 10.8% | 1.9% | 8.5% |
Source: ATF and EPI analysis of OMB (2016a; 2016b) and BEA NIPA Table 1.12