Table 2.7
Effective tax rates for selected federal taxes, by income group, 1979–2007
| Personal income tax | Payroll tax | Corporate income tax | Excise tax | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income group | 1979 | 1989 | 2000 | 2007 | 1979 | 1989 | 2000 | 2007 | 1979 | 1989 | 2000 | 2007 | 1979 | 1989 | 2000 | 2007 |
| Bottom fifth | 0.0% | -1.6% | -4.6% | -6.8% | 5.3% | 7.1% | 8.2% | 8.8% | 1.1% | 0.6% | 0.5% | 0.4% | 1.6% | 1.8% | 2.3% | 1.6% |
| Second fifth | 4.1 | 2.9 | 1.5 | -0.4 | 7.7 | 8.9 | 9.4 | 9.5 | 1.2 | 0.8 | 0.6 | 0.5 | 1.3 | 1.2 | 1.4 | 1.0 |
| Middle fifth | 7.5 | 6.0 | 5.0 | 3.3 | 8.6 | 9.8 | 9.6 | 9.4 | 1.4 | 1.1 | 0.9 | 0.8 | 1.1 | 1.0 | 1.1 | 0.8 |
| Fourth fifth | 10.1 | 8.3 | 8.1 | 6.2 | 8.5 | 10.0 | 10.4 | 9.5 | 1.6 | 1.2 | 1.0 | 1.1 | 0.9 | 0.9 | 0.9 | 0.7 |
| Top fifth | 15.7 | 14.6 | 17.5 | 14.4 | 5.4 | 6.6 | 6.3 | 5.7 | 5.7 | 3.5 | 3.7 | 4.6 | 0.7 | 0.6 | 0.5 | 0.4 |
| Top 10 percent | 17.4 | 16.3 | 19.7 | 16.2 | 4.2 | 5.1 | 5.0 | 4.5 | 7.4 | 4.4 | 4.4 | 5.7 | 0.7 | 0.5 | 0.4 | 0.3 |
| Top 5 percent | 19.0 | 17.7 | 21.6 | 17.6 | 2.8 | 3.7 | 3.8 | 3.3 | 9.5 | 5.3 | 5.2 | 6.8 | 0.6 | 0.4 | 0.4 | 0.2 |
| Top 1 percent | 21.8 | 19.9 | 24.2 | 19.0 | 0.9 | 1.4 | 1.9 | 1.6 | 13.8 | 7.2 | 6.7 | 8.8 | 0.5 | 0.3 | 0.2 | 0.1 |
| All | 11.0 | 10.2 | 11.8 | 9.3 | 6.9 | 8.1 | 7.9 | 7.4 | 3.4 | 2.3 | 2.4 | 3.0 | 1.0 | 0.8 | 0.9 | 0.6 |
Note: Income groups reflect comprehensive household income.
Source: Authors' analysis of Congressional Budget Office (2010a)
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