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Share/All_YT: Data is Year, Individual Income tax share of all income taxes, Corporate Income tax share of all income taxes, and Social Insurance tax share of all income taxes (might not sum to 100% due to rounding, but it happens to do so).
1945 50% 39% 11% 100% 1950 53% 35% 13% 100% 1955 52% 34% 14% 100% 1960 54% 27% 19% 100% 1965 51% 26% 23% 100% 1970 53% 20% 27% 100% 1975 50% 17% 33% 100% 1980 52% 13% 34% 100% 1985 51% 9% 40% 100% 1990 49% 11% 41% 100% 1995 49% 12% 39% 100% 2000 53% 10% 37% 100%
As can be seen, what has happened to the distribution of US income taxes is that individual income taxes have held a relatively stable share, the share of corporate income taxes have fallen by about 3/4, and the share of Social Insurance taxes have about tripled. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
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