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Effective Tax Rate, Top Fifth

Average federal tax rate paid by the highest-income fifth of households.

Effective Tax Rate, Top Fifth
25.9%
Percent · latest, Jan 2022
vs prior month▲ 1.2 pp
vs year ago▲ 1.2 pp
1980 Recession · Jan 1980 – Jul 19801981-82 Recession · Jul 1981 – Nov 19821990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 202024%25%26%27%1980199020002010202025.9%
Effective Tax Rate, Top Fifth — one value per year; US recessions are shaded on the chart.
YearEffective Tax Rate, Top Fifth
197927.1%
198026.9%
198126.6%
198224.2%
198323.6%
198423.8%
198523.7%
198623.5%
198725.6%
198825.4%
198925.0%
199024.9%
199125.2%
199225.4%
199326.4%
199427.1%
199527.5%
199627.7%
199727.7%
199827.3%
199927.8%
200027.8%
200126.6%
200225.9%
200324.8%
200425.1%
200525.5%
200625.5%
200724.8%
200823.7%
200923.3%
201023.9%
201123.5%
201223.9%
201326.2%
201426.7%
201526.7%
201626.4%
201725.9%
201824.5%
201924.3%
202023.9%
202124.7%
202225.9%

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: cbo · cbo-dhi-table9 · series · Jan 1979 to Jan 2022 · latest-revised

Refreshed Jun 25, 2026 from cbo. May be delayed: our daily refresh has not run in the last few days.

Average federal tax rate paid by the highest-income fifth of households.

Average federal tax rate paid by the highest income quintile (top 20% of households), CBO.

Source: cbo · Jan 2022 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.