Table 10

Shares of total income growth captured by the top 1% from 1945 to 1973, 1973 to 2007, and 2009 to 2015, U.S. and by state and region

State/region 1945–1973 1973–2007 2009–2015
United States 4.9% 58.7% 41.8%
Alabama 7.5% 46.6% 39.1%
Alaska NA Ŧ 9.9%
Arizona 6.4% Ŧ 27.3%
Arkansas 9.7% 32.8% 27.4%
California 3.4% 56.8% 53.1%
Colorado 4.0% 50.9% 22.2%
Connecticut 5.2% 63.5% 134.2%
Delaware ŧ 52.3% 44.7%
District of Columbia 4.5% 64.6% 26.5%
Florida 9.0% 85.7% 77.5%
Georgia 6.8% 50.7% 45.7%
Hawaii 2.8% Ŧ 6.2%
Idaho 7.4% 51.8% 23.2%
Illinois 3.8% 73.3% 39.6%
Indiana 5.7% 56.2% 26.2%
Iowa 6.0% 39.3% 18.3%
Kansas 6.7% 39.3% 23.8%
Kentucky 7.2% 39.0% 34.4%
Louisiana 8.2% 23.3% 3.7%
Maine 5.2% 34.5% 28.7%
Maryland 2.9% 50.3% 58.4%
Massachusetts 2.9% 50.4% 58.4%
Michigan 4.4% Ŧ 32.9%
Minnesota 4.1% 45.2% 27.4%
Mississippi 8.4% 35.5% 18.5%
Missouri 4.7% 48.3% 53.1%
Montana 6.1% 86.9% 14.1%
Nebraska 6.6% 41.5% 21.9%
Nevada 3.0% Ŧ 81.0%
New Hampshire 5.6% 32.4% 23.0%
New Jersey 6.0% 46.5% 34.2%
New Mexico 6.9% 72.0% 2.8%
New York 0.5% 87.3% 51.4%
North Carolina 5.3% 37.9% 117.3%
North Dakota 4.0% Ŧ 14.6%
Ohio 3.9% 59.1% 30.2%
Oklahoma 8.4% 39.6% 10.3%
Oregon 4.7% 52.5% 29.8%
Pennsylvania 3.4% 45.0% 33.3%
Rhode Island 0.6% 45.2% 24.0%
South Carolina 6.7% 77.9% 36.1%
South Dakota 5.4% 46.6% 23.2%
Tennessee 8.0% 48.2% 32.3%
Texas 10.0% 45.5% 25.6%
Utah 5.8% 49.5% 20.5%
Vermont 5.1% 42.6% 20.9%
Virginia 5.9% 31.6% 38.3%
Washington 8.4% 41.9% 42.0%
West Virginia 8.6% 33.7% ŧ
Wisconsin 4.4% 44.7% 20.1%
Wyoming 7.3% 71.4% 43.0%
Northeast 2.8% 61.7% 50.4%
Midwest 4.6% 61.2% 31.5%
South 7.7% 48.7% 43.5%
West 4.6% 58.9% 46.3%

Ŧ Top 1% incomes grew while overall incomes fell over this period.

ŧ Top 1% incomes fell while overall incomes grew over this period.

Notes: Where the top 1% share of income growth is greater than 100%, that means the bottom 99% suffered income losses during that period. The top 1% share of total income growth over a period is calculated as 0.01 * ($ change in average top 1% income) / ($ change in overall average income). The bottom 99% share of total income growth is calculated as 0.99 * ($ change in average top 99% income) / ($ change in overall average income). When top 1% income rises while bottom 99% income falls (but overall income growth is still positive), the top 1% share will be greater than 100%. If the calculated growth share would be a negative number, we use the symbol ŧ (“top 1% incomes fell while overall incomes grew over this period”) or Ŧ (“top 1% incomes grew while overall incomes fell over this period”).

Source: Authors’ analysis of state-level tax data from Sommeiller 2006 extended to 2015 using state-level data from the Internal Revenue Service SOI Tax Stats (various years) and Piketty and Saez 2016

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