Table 3

Decomposition of, and changes in, top 1 percent incomes, 1979-2010

Capital and business incomes
Total Labor compensation Rents, interest, dividends Business income Capital gains Total Pensions Transfers
Top 1% share of each income type
1979 8.4% 3.9% 25.1% 20.1% 54.6% 33.5% 4.7% 0.8%
2007 18.0% 8.6% 42.1% 48.7% 71.3% 58.7% 6.6% 0.8%
2010 14.5% 8.3% 43.0% 51.9% 79.8% 54.0% 7.5% 0.7%
Share of overall income accounted for by each category
1979 100.0% 69.8% 10.1% 4.5% 3.6% 18.2% 3.2% 8.8%
2007 100.0% 60.3% 8.7% 6.2% 8.0% 22.8% 6.3% 10.7%
2010 100.0% 62.9% 6.5% 6.1% 3.4% 16.0% 7.1% 14.0%
Within contributions*
1979-2007 7.2 3.0 1.6 1.5 1.0 5.2 0.1 0.0
2007-2010 0.6 -0.2 0.1 0.2 0.5 -0.9 0.1 0.0
Between contributions**
1979-2007 2.4 -0.6 -0.5 0.6 2.7 2.1 0.2 0.0
2007-2010 -4.1 0.2 -0.9 0.0 -3.5 -3.8 0.1 0.0
Total change
1979-2007 16.9% 2.5% 1.1% 2.1% 3.7% 7.3% 0.3% 0.0%
2007-2010 -8.2% 0.0% -0.8% 0.2% -3.0% -4.7% 0.1% 0.0%

* Percentage-point contribution of growing concentration within each income category to increasing top 1% income share

** Percentage-point contribution of shift from less- to more-concentrated income categories to increasing top 1% income share

Source: Authors' analysis of Congressional Budget Office (2013)

Copy the code below to embed this chart on your website.

Previous chart: «

Next chart: »