Figure A

Capital-based income is increasingly concentrated at the top of the U.S. income distribution: Share of capital-based incomes by household income grouping, 1979–2013

Bottom 90% 91st-99th percentiles Top 1%
1979 39.0% 30.5% 30.5%
1980 39.7% 28.9% 31.4%
1981 40.4% 28.9% 30.6%
1982 41.3% 25.7% 33.0%
1983 39.9% 25.9% 34.3%
1984 40.5% 25.5% 34.0%
1985 38.1% 25.0% 36.9%
1986 31.5% 24.1% 44.4%
1987 39.1% 26.7% 34.1%
1988 35.8% 25.1% 39.0%
1989 36.0% 25.2% 38.8%
1990 36.5% 25.8% 37.7%
1991 38.2% 26.4% 35.4%
1992 35.4% 26.0% 38.6%
1993 34.2% 27.1% 38.7%
1994 33.4% 26.4% 40.2%
1995 32.9% 26.3% 40.7%
1996 31.3% 26.4% 42.4%
1997 29.4% 26.2% 44.4%
1998 27.8% 25.7% 46.6%
1999 26.0% 25.1% 48.9%
2000 25.0% 24.4% 50.6%
2001 28.0% 24.4% 47.5%
2002 28.1% 24.6% 47.2%
2003 26.3% 24.2% 49.5%
2004 23.1% 24.0% 52.9%
2005 20.8% 23.9% 55.3%
2006 20.8% 23.6% 55.6%
2007 20.9% 23.6% 55.6%
2008 22.4% 22.9% 54.6%
2009 26.0% 23.4% 50.6%
2010 23.7% 22.1% 54.1%
2011 24.5% 23.0% 52.4%
2012 20.3% 21.7% 58.0%
2013 22.6% 24.0% 53.4%
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Note: Capital-based income is defined as the sum of the following CBO categories: capital income, capital gains, and business income.

Source: Authors’ analysis of data from the Congressional Budget Office (CBO 2016)

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