Effective Tax Rate, Middle Fifth
13.4%
· 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
8%
10%
12%
14%
16%
18%
1980
1990
2000
2010
2020
13.4%
Effective Tax Rate, Middle Fifth — one value per year; US recessions are shaded on the chart.
Year
Effective Tax Rate, Middle Fifth
1979
19.1%
1980
19.0%
1981
19.4%
1982
18.1%
1983
17.6%
1984
18.0%
1985
18.2%
1986
18.1%
1987
17.8%
1988
18.2%
1989
18.1%
1990
18.2%
1991
17.8%
1992
17.7%
1993
17.6%
1994
17.7%
1995
17.8%
1996
17.7%
1997
17.9%
1998
17.2%
1999
17.2%
2000
17.1%
2001
15.7%
2002
15.1%
2003
14.2%
2004
14.7%
2005
14.8%
2006
14.8%
2007
14.8%
2008
12.2%
2009
11.8%
2010
12.0%
2011
12.0%
2012
12.2%
2013
13.6%
2014
13.9%
2015
13.9%
2016
13.8%
2017
13.7%
2018
12.7%
2019
13.0%
2020
7.7%
2021
7.7%
2022
13.4%
Source: cbo · cbo-dhi-table9 · econscout.com