Effective Tax Rate, Second Fifth
9.5%
· 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
2%
4%
6%
8%
10%
12%
14%
1980
1990
2000
2010
2020
9.5%
Effective Tax Rate, Second Fifth — one value per year; US recessions are shaded on the chart.
Year
Effective Tax Rate, Second Fifth
1979
15.0%
1980
14.7%
1981
15.2%
1982
14.0%
1983
14.0%
1984
14.9%
1985
15.1%
1986
15.0%
1987
14.3%
1988
14.7%
1989
14.3%
1990
15.0%
1991
14.5%
1992
13.9%
1993
13.8%
1994
13.5%
1995
13.8%
1996
13.7%
1997
14.0%
1998
13.4%
1999
13.6%
2000
13.3%
2001
11.9%
2002
11.0%
2003
10.2%
2004
10.3%
2005
10.6%
2006
10.7%
2007
11.2%
2008
7.9%
2009
7.2%
2010
7.6%
2011
7.8%
2012
7.7%
2013
9.2%
2014
9.1%
2015
9.3%
2016
9.4%
2017
9.2%
2018
8.2%
2019
8.9%
2020
1.0%
2021
0.4%
2022
9.5%
Source: cbo · cbo-dhi-table9 · econscout.com