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    SaezFig2 2007

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    William
    This figure shows the share of total US income accruing to the top 1%, top 5-1%, and top 10-5% income groups from 1913 to 2007. It reveals that the top 1% income share has increased from below 5% in the 1970s to over 20% in 2007, while the shares of the top 5-1% and top 10-5% have remained relatively stable over the period.

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    SaezFig2 2007

    Uploaded by

    William
    16 views1 page
    This figure shows the share of total US income accruing to the top 1%, top 5-1%, and top 10-5% income groups from 1913 to 2007. It reveals that the top 1% income share has increased from below 5% in the 1970s to over 20% in 2007, while the shares of the top 5-1% and top 10-5% have remained relatively stable over the period.

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    This figure shows the share of total US income accruing to the top 1%, top 5-1%, and top 10-5% income groups from 1913 to 2007. It reveals that the top 1% income share has increased from below 5% in the 1970s to over 20% in 2007, while the shares of the top 5-1% and top 10-5% have remained relatively stable over the period.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    16 views1 page

    SaezFig2 2007

    Uploaded by

    William
    This figure shows the share of total US income accruing to the top 1%, top 5-1%, and top 10-5% income groups from 1913 to 2007. It reveals that the top 1% income share has increased from below 5% in the 1970s to over 20% in 2007, while the shares of the top 5-1% and top 10-5% have remained relatively stable over the period.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    25%

    Share of total income accruing to each group

    20%

    15%

    10%

    5% Top 1% (incomes above $398,900 in 2007)


    Top 5-1% (incomes between $155,400 and $398,900)
    Top 10-5% (incomes between $109,600 and $155,400)
    0%
    1913

    1933
    1938
    1943
    1948
    1953
    1958

    1978
    1983
    1988
    1993
    1998
    1918
    1923
    1928

    1963
    1968
    1973

    2003
    FIGURE 2
    Decomposing the Top Decile US Income Share into 3 Groups, 1913-2007
    Source: Piketty and Saez (2003), series updated to 2007.
    Income is defined as market income including capital gains.
    Top 1% denotes the top percentile (families with annual income above $398,900 in 2007)
    Top 5-1% denotes the next 4% (families with annual income between $155,400 and $398,900 in 2007)
    Top 10-5% denotes the next 5% (bottom half of the top decile, families with annual income
    between $109,600 and $155,400 in 2007).

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