Did the effective tax rate change on the top quantile from 1980 to 2013, or did ... | Hacker News

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robrenaud on Feb 11, 2021 | parent | context | favorite | on: America's 1% Has Taken $50T From the Bottom 90%

Did the effective tax rate change on the top quantile from 1980 to 2013, or did they just earn a lot larger fraction of income?

readams on Feb 11, 2021 | [–]

In 1980 the top quintile earned 44% of the income and in 2013 51%. So the tax structure became much more progressive over that time.

In 2019 it was 52% of the income.

SpicyLemonZest on Feb 11, 2021 | [–]

It changed a lot. The marginal rate for someone earning $100,000 in 2020 dollars (so $31,837 in 1980) was 44% then and 24% now.

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