Tax cut didn’t cause a jump in bonuses
| Time | Percent of total compensation |
|---|---|
| 2008Q1 | 1.7 |
| 2008Q2 | 1.8 |
| 2008Q3 | 1.7 |
| 2008Q4 | 1.7 |
| 2009Q1 | 1.6 |
| 2009Q2 | 1.8 |
| 2009Q3 | 1.8 |
| 2009Q4 | 1.8 |
| 2010Q1 | 1.7 |
| 2010Q2 | 1.6 |
| 2010Q3 | 1.6 |
| 2010Q4 | 1.6 |
| 2011Q1 | 1.6 |
| 2011Q2 | 1.7 |
| 2011Q3 | 1.7 |
| 2011Q4 | 1.7 |
| 2012Q1 | 1.8 |
| 2012Q2 | 1.8 |
| 2012Q3 | 1.8 |
| 2012Q4 | 1.8 |
| 2013Q1 | 1.7 |
| 2013Q2 | 1.7 |
| 2013Q3 | 1.7 |
| 2013Q4 | 1.8 |
| 2014Q1 | 1.8 |
| 2014Q2 | 1.8 |
| 2014Q3 | 1.8 |
| 2014Q4 | 2.5 |
| 2015Q1 | 2.5 |
| 2015Q2 | 2.5 |
| 2015Q3 | 2.2 |
| 2015Q4 | 2.3 |
| 2016Q1 | 2.6 |
| 2016Q2 | 2.6 |
| 2016Q3 | 2.6 |
| 2016Q4 | 2.5 |
| 2017Q1 | 2.6 |
| 2017Q2 | 2.6 |
| 2017Q3 | 2.6 |
| 2017Q4 | 2.7 |
| 2018Q1 | 2.8 |
| 2018Q2 | 2.8 |
| 2018Q3 | 2.8 |
| 2018Q4 | 2.1 |
Source: EPI analysis of BLS Employer Costs for Employer Compensation data, Table 9: Private Sector Workers