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Summary
Description |
English: Average tax rate percentages for the highest-income U.S. taxpayers, 1945-2009. The average tax rate for the top 0.01% (one taxpayer in 10,000) was about 60% in 1945 and fell to 24.2% by 1990. The average tax rate for the top 0.1% (one taxpayer in 1,000) was 55% in 1945 and also fell to 24.2% by 1990, following a similar downward path as the tax rate for the top 0.01%. Between 1990 and 1995, the average tax rate for both the top 0.1% and top 0.01% increased to about 31%. After 1995, the average tax rate for the top 0.01% was lower than that for the top 0.1%.
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Date |
14 September 2012 |
Source |
"Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945" CRS Report for Congress no. 7-5700 / R42729, page 3 |
Author |
Thomas L. Hungerford, U.S. Congressional Research Service |
Licensing
Public domainPublic domainfalsefalse |
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This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code. See Copyright. Note: This only applies to original works of the Federal Government and not to the work of any individual U.S. state, territory, commonwealth, county, municipality, or any other subdivision. This template also does not apply to postage stamp designs published by the United States Postal Service since 1978. (See 206.02(b) of Compendium II: Copyright Office Practices). It also does not apply to certain US coins; see The US Mint Terms of Use.
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This file has been identified as being free of known restrictions under copyright law, including all related and neighboring rights.
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