sentences:  CBO reported that the share of after-tax income received by the top 1% peaked in 2007 at 16.6%.It fell to 11.3% in 2009 due in part to the impact on investment income from the Great Recession, then increased thereafter, to 14.9% by 2012 as the economy recovered.It then fell somewhat, reaching 12.5% by 2016, reflecting Obama policies including the expiration of the Bush tax cuts for top incomes, and both tax increases on top incomes and redistribution to lower income groups under the Affordable Care Act.