Figure A
The top 1 percent clearly does not need a tax cut: Cumulative household income growth by income fifths and fractiles, 1979–2013
| Year | Bottom fifth | Second fifth (20th–40th) | Middle fifth | Fourth fifth (60th–80th) | 80th–89th | 90th–95th | 96th–99th | Top 1 percent |
|---|---|---|---|---|---|---|---|---|
| 1979 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1980 | -3.65059 | -4.12573 | -3.41781 | -3.15199 | -2.71389 | -2.18651 | -3.79373 | -4.78484 |
| 1981 | -5.23159 | -5.14938 | -4.80373 | -2.59031 | -3.51507 | -2.60336 | -5.36463 | -5.37931 |
| 1982 | -7.32368 | -7.47706 | -6.87155 | -4.12023 | -3.88863 | -3.90172 | -5.37769 | -0.91197 |
| 1983 | -9.45144 | -10.89392 | -8.43053 | -4.73475 | -2.93607 | -1.31834 | -2.45001 | 8.7497 |
| 1984 | -6.51306 | -4.56563 | -3.42166 | 0.0529 | 3.0866 | 6.1106 | 5.3996 | 19.9807 |
| 1985 | -5.87124 | -4.99344 | -3.14008 | 0.2919 | 2.4916 | 5.6527 | 6.6989 | 28.2864 |
| 1986 | -4.43544 | -3.04213 | -0.64338 | 4.2175 | 8.0364 | 11.2984 | 17.125 | 68.2994 |
| 1987 | -4.76258 | -6.82496 | -1.3384 | 4.3853 | 8.9784 | 13.1259 | 15.6511 | 35.8538 |
| 1988 | -2.37677 | -5.28295 | 0.3086 | 5.674 | 10.5408 | 15.0226 | 20.1022 | 70.4104 |
| 1989 | 0.8573 | -3.43975 | 1.3555 | 6.9671 | 12.2377 | 17.3768 | 22.2852 | 58.9027 |
| 1990 | 5.1004 | -0.31985 | 1.4519 | 5.5389 | 10.2549 | 14.3069 | 18.3424 | 52.5743 |
| 1991 | 6.3838 | -2.21286 | -0.45093 | 4.558 | 8.2071 | 13.1375 | 15.7297 | 36.5165 |
| 1992 | 7.5811 | -2.10122 | 0.3683 | 5.4595 | 9.8352 | 15.2994 | 20.1842 | 54.9692 |
| 1993 | 9.741 | -0.51047 | 1.0815 | 6.6408 | 11.2479 | 16.2839 | 20.7547 | 48.8159 |
| 1994 | 10.2655 | -0.25868 | 1.422 | 8.0617 | 13.3407 | 18.3024 | 23.4905 | 53.2646 |
| 1995 | 14.7279 | 4.6733 | 4.7804 | 10.045 | 16.2671 | 21.3982 | 29.6862 | 70.5691 |
| 1996 | 13.5724 | 4.8902 | 5.7857 | 11.9032 | 18.0227 | 25.4145 | 34.3245 | 87.3911 |
| 1997 | 15.2124 | 6.7876 | 7.2504 | 14.1287 | 20.3912 | 29.455 | 42.8392 | 115.3403 |
| 1998 | 19.2678 | 10.8042 | 9.7192 | 18.3009 | 24.6847 | 34.0996 | 49.9641 | 142.7922 |
| 1999 | 20.6111 | 13.7049 | 12.4646 | 21.1111 | 28.6877 | 38.9589 | 56.1299 | 162.7695 |
| 2000 | 16.4379 | 11.6909 | 11.6519 | 22.0679 | 30.3737 | 42.0658 | 59.2675 | 186.511 |
| 2001 | 19.0499 | 13.0114 | 13.2323 | 19.7753 | 28.0097 | 37.1118 | 49.2468 | 126.3178 |
| 2002 | 16.6963 | 10.4594 | 10.5894 | 17.6074 | 26.1562 | 34.3603 | 43.0264 | 100.3938 |
| 2003 | 15.3413 | 9.8959 | 10.445 | 18.7659 | 27.2337 | 36.5379 | 47.544 | 112.3605 |
| 2004 | 18.1224 | 13.3852 | 14.5301 | 22.6838 | 32.0662 | 41.4544 | 56.4622 | 153.125 |
| 2005 | 21.6048 | 15.5663 | 15.6284 | 24.2925 | 34.2551 | 46.4417 | 68.0019 | 205.0704 |
| 2006 | 25.4874 | 16.6659 | 16.3175 | 26.0588 | 36.8164 | 49.1516 | 71.8268 | 228.9681 |
| 2007 | 29.0969 | 20.7239 | 19.5618 | 28.8095 | 38.8922 | 52.8393 | 77.8761 | 243.9357 |
| 2008 | 26.6173 | 15.3899 | 15.2094 | 24.4375 | 35.1334 | 46.4613 | 62.7924 | 178.0908 |
| 2009 | 26.4814 | 14.7386 | 13.732 | 22.4862 | 32.7162 | 43.2429 | 53.3636 | 118.2408 |
| 2010 | 28.0111 | 15.2526 | 13.9179 | 22.8741 | 33.3028 | 45.7739 | 58.6311 | 152.8499 |
| 2011 | 26.6437 | 14.4704 | 12.1637 | 21.6776 | 33.3277 | 45.3121 | 60.7284 | 148.9641 |
| 2012 | 23.9323 | 12.804 | 12.1296 | 22.3079 | 34.2998 | 47.3888 | 68.4446 | 206.8551 |
| 2013 | 26.249 | 15.5767 | 13.6071 | 24.9121 | 36.3417 | 51.3208 | 69.5123 | 159.4815 |
Source: Author’s analysis of data from the Congressional Budget Office, The Distribution of Household Income and Federal Taxes, 2013, 2016
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