Table A6

Formulas for estimating average incomes by fractile

P90–100=bi * P90
P95–100=bi * P95
P99–100=bi * P99
P99.5–100=bi * P99.5
P99.9–100=bi * P99.9
P99.99–100=bi * P99.99
P90–95=2 (P90–100) – (P95–100)
P95–99=[ 5 (P95–100) – (P99–100) ] / 4
P99–99.5=2 (P99–100) – (P99.5–100)
P99.5–99.9=[ 5 (P99.5–100) – (P99.9–100) ] / 4
P99.9–99.99=[ 10 (P99.9–100) – (P99.99–100) ] / 9

Source: Authors' analysis of state-level tax data from Sommeiller (2006) extended to 2011 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)

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