Taxable Income and Taxes Paid: 1950-2006

Income and Taxes as % of GDP: 1950-2006 Personal Income from National Income and Product Accounts, Taxable Income (Adjusted Gross Income), Capital Gains from returns with positive net capital gains 100 Recessions Falling GDP Personal Income 90 82% 80 70 60 50 Taxable Income (AGI) 42% 40 30 Total Income Taxes Paid 10 8% Capital Gains share of AGI 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 Obama G.W.Bush Clinton G.H.W.Bush Reagan Carter Ford Nixon Johnson Kennedy Eisenhower Data: IRS SOI Tax Stats VisualizingEconomics.com Percent (%) of GDP 20