Effective Tax Rate, Top Fifth
25.9%
· 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
24%
25%
26%
27%
1980
1990
2000
2010
2020
25.9%
Effective Tax Rate, Top Fifth — one value per year; US recessions are shaded on the chart.
Year
Effective Tax Rate, Top Fifth
1979
27.1%
1980
26.9%
1981
26.6%
1982
24.2%
1983
23.6%
1984
23.8%
1985
23.7%
1986
23.5%
1987
25.6%
1988
25.4%
1989
25.0%
1990
24.9%
1991
25.2%
1992
25.4%
1993
26.4%
1994
27.1%
1995
27.5%
1996
27.7%
1997
27.7%
1998
27.3%
1999
27.8%
2000
27.8%
2001
26.6%
2002
25.9%
2003
24.8%
2004
25.1%
2005
25.5%
2006
25.5%
2007
24.8%
2008
23.7%
2009
23.3%
2010
23.9%
2011
23.5%
2012
23.9%
2013
26.2%
2014
26.7%
2015
26.7%
2016
26.4%
2017
25.9%
2018
24.5%
2019
24.3%
2020
23.9%
2021
24.7%
2022
25.9%
Source: cbo · cbo-dhi-table9 · econscout.com