This figure reproduces Figure Va and VIb in Chetty, Friedman, Leth-Petersen, Nielsen, and Olsen (2014). Panel
A plots mean total (individual plus employer) capital pension contributions for individuals with income in each DKr 5,000
income bin within DKr 75,000 of the top income tax threshold, in each year from 1996-2001. Panel B plots the distribution of
changes to individual capital pension contributions, as a percentage of lagged individual pension contributions, for individuals
who are DKr 25-75K above the top tax cutoff in 1998 and 1999 (the treatment group affected by the subsidy reduction). Panel
B restricts the sample to individuals who were contributing to capital pension accounts in the previous year.