Effective Tax Rate, Lowest Fifth
1.4%
· 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
-20%
-15%
-10%
-5%
0%
5%
10%
1980
1990
2000
2010
2020
1.4%
Effective Tax Rate, Lowest Fifth — one value per year; US recessions are shaded on the chart.
Year
Effective Tax Rate, Lowest Fifth
1979
9.3%
1980
8.9%
1981
9.6%
1982
9.8%
1983
11.1%
1984
12.1%
1985
11.8%
1986
11.7%
1987
10.7%
1988
10.1%
1989
9.6%
1990
10.6%
1991
10.1%
1992
10.0%
1993
10.0%
1994
8.2%
1995
7.6%
1996
6.9%
1997
7.0%
1998
6.9%
1999
7.3%
2000
7.2%
2001
5.8%
2002
5.4%
2003
5.4%
2004
5.0%
2005
5.2%
2006
5.5%
2007
4.9%
2008
0.5%
2009
-0.7%
2010
-0.5%
2011
0.2%
2012
0.5%
2013
1.9%
2014
1.5%
2015
1.2%
2016
1.2%
2017
0.9%
2018
-0.2%
2019
0.6%
2020
-16.5%
2021
-22.5%
2022
1.4%
Source: cbo · cbo-dhi-table9 · econscout.com