Effective Tax Rate, Fourth Fifth
17.6%
· Jan 2022
econ
scout
1980 Recession · Jan 1980 – Jul 1980
1981-82 Recession · Jul 1981 – Nov 1982
1990-91 Recession · Jul 1990 – Mar 1991
2001 Recession · Mar 2001 – Nov 2001
Global Financial Crisis · Dec 2007 – Jun 2009
COVID-19 Recession · Feb 2020 – Apr 2020
14%
16%
18%
20%
22%
1980
1990
2000
2010
2020
17.6%
Effective Tax Rate, Fourth Fifth — one value per year; US recessions are shaded on the chart.
Year
Effective Tax Rate, Fourth Fifth
1979
21.7%
1980
21.8%
1981
22.3%
1982
20.6%
1983
20.1%
1984
20.3%
1985
20.4%
1986
20.6%
1987
20.4%
1988
20.8%
1989
20.8%
1990
20.8%
1991
20.6%
1992
20.3%
1993
20.4%
1994
20.7%
1995
20.8%
1996
20.8%
1997
20.9%
1998
20.8%
1999
20.9%
2000
21.0%
2001
19.3%
2002
18.6%
2003
17.9%
2004
18.0%
2005
18.3%
2006
18.3%
2007
18.1%
2008
16.1%
2009
15.5%
2010
15.9%
2011
15.7%
2012
15.9%
2013
17.4%
2014
17.8%
2015
17.9%
2016
17.9%
2017
17.8%
2018
16.7%
2019
16.8%
2020
13.3%
2021
13.8%
2022
17.6%
Source: cbo · cbo-dhi-table9 · econscout.com