Tag: effective tax rates by quintile

Greg Mankiw links this report based on Congressional Budget Office data. Here are my own charts created from the data:   The 2005 total effective federal tax rate as a percentage of the 1979 rate: Top Quintile = 92.7% Fourth Quintile = 82.1% Middle Quintile = 76.3% Second Quintile = 69.2% Bottom Quintile = 53.8%…