Bush Tax Cuts:
The Burden Decreased for All Groups
(More for some than others)
Total Effective Federal Tax Rate
2004 Rates
Change Due to Bush Cuts
Lowest 20%
5.2%
-1.5%
Second 20%
11.1%
-2.1%
Middle 20%
14.6%
-1.9%
Fourth 20%
18.5%
-2.1%
Top 20%
23.8%
-3.9%
Top 5%
25.6%
-5.2%
Top 1%
26.7%
-6.8%
Share of Federal Tax Burden
Lowest 20%
1.1%
-0.1%
Second 20%
5.2%
-0.2%
Middle 20%
10.5%
+0.2%
Fourth 20%
19.5%
+0.7%
Top 20%
63.5%
-0.6%
Top 5%
35.9%
-1.5%
Top 1%
20.1%
-1.8%
Source: Congressional Budget Office, "Effective Federal Tax Rates Under Current Law , 2001 to 2014," Tables 2, 4.