The difference is still substantial, it's a 13% drop in the effective rate. This is compounded because the top 1% have doubled their share of income since the 5

The difference is still substantial, it's a 13% drop in the effective rate. This is compounded because the top 1% have doubled their share of income since the 50s [1]. 1. http://cepr.net/publications/graphic-economics/income-share-of-the-top-1-percent-1913-2012-annotated http://cepr.net/publications/graphic-economics/income-share-...