Friday, March 13, 2009

The Rich Are Paying Their "Fair Share" and Then Some

The chart shows that the difference between the top 1%'s tax share (about 25% in the late 1980s) and the that group's income share (about 14% in the late 1980s), which increased from 11% in the earlier period to 18% by 2006, when the tax share had increased to about 40% for the top 1% compared to that group's income share of 22%. Stated differently, the income share of the top 1% increased by about .55% per year from 1986 to 2006, compared to the tax share of the top 1%, which increased by about .75% per year.

source

No comments: