
Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Showing posts with label progressive income taxes. Show all posts
Showing posts with label progressive income taxes. Show all posts
Tuesday, October 12, 2010
Friday, February 27, 2009
Historical Tax Rates by Quintiles

Second quintile: 9.9 percent
Middle quintile: 14.2 percent
Fourth quintile: 17.4 percent
Percentiles 81-90: 20.3 percent
Percentiles 91-95: 22.4 percent
Percentiles 96-99: 25.7 percent
Percentiles 99.0-99.5: 29.7 percent
Percentiles 99.5-99.9: 31.2 percent
Percentiles 99.9-99.99: 32.1 percentTop 0.01
Percentile: 31.5 percent
N.B.: These figures include all federal taxes, not just income taxes.
source (HT: Greg Mankiw)
Labels:
marginal tax rates,
progressive income taxes,
taxes
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