As top marginal income tax rates fell, inequality rose: Top 1% share and top tax rates 1960–2009
| Country | Change in top marginal tax rate (points) | Change in top 1% income share (points) |
|---|---|---|
| Australia | -18.58000565 | 2.176000118 |
| Canada | -28.99040222 | 3.661999702 |
| Denmark | -6.420001984 | 0.366000175 |
| Finland | -8.100002289 | -1.815999985 |
| France | -17.20072937 | -0.925999641 |
| Germany | -2.047496796 | -1.483999252 |
| Ireland | -25.39999771 | 5.021999836 |
| Italy | -30.12000275 | 2.531999588 |
| Japan | -31.84999847 | 0.402000427 |
| Netherlands | -18.5 | -2.80700016 |
| NZ | -21.20000458 | 1.454999924 |
| Norway | -28.5 | 4.070000648 |
| Portugal | -39.00000381 | 3.647999287 |
| Spain | 0 | 1.101999283 |
| Sweden | -8.449996948 | 0.170000076 |
| Switzerland | -0.468002319 | -2.592000008 |
| UK | -48.80000687 | 6.026000023 |
| US | -47.2882309 | 9.378000259 |
Source: Piketty, Saez, and Stantcheva (2014)