Comments on: Not All Money Is Created Equal

By: Federal Tax Rates & A Fair Share « Political Math

Federal Tax Rates & A Fair Share « Political Math — Thu, 12 Apr 2012 14:23:26 +0000

[...] from the top 5% and calculate that data for people in the top 1.1%-5%. This means I can update my Not All Money Is Created Equal [...]

By: Eric

Eric — Fri, 19 Aug 2011 19:43:58 +0000

Matthias,
Thanks for the chart. I’m lazy, but still want to understand. The CBO data is “effective tax rates”. That takes into account tax code rates minus deductions right? What type of other things change the amount of tax paid, but might not be in the data? Just wondering.

Also, in terms of “income” – does capital gains count as income? Or is income only count jobs for which a W2 is received?

Thanks for putting time into an interesting blog.

By: jeff

jeff — Wed, 17 Aug 2011 04:52:11 +0000

Dave – what percent of national income did upper 1and 10% maken?

By: dave

dave — Thu, 14 Apr 2011 18:31:12 +0000

love the way you presented this data. I know this was done a year ago using 2005 tax data, but I noticed that in the IRS data updated in Oct, 2010 they have summary data for the 2008 tax year. It’s very interesting to note that the top 1% share of taxes grew from 27% to 38% in just three years. And the top 10% share grew from 55% of taxes paid in 2005 to 70% in 2008. If we keep this up, by the year 2020 the top 10% will pay everything and the rest of us will get goverment for free.

By: Trying To Understand Government Sized Numbers | Vincent Zontini

Trying To Understand Government Sized Numbers | Vincent Zontini — Sun, 30 Jan 2011 04:01:00 +0000

[...] of the graphs presented that I like is one of income taxes and you can read all about it in his blog post. All credit goes to Mr. Shapiro. What I like about the graph is that it makes it easy to see [...]

By: Tom Sullivan

Tom Sullivan — Tue, 04 Jan 2011 20:55:43 +0000

Is there any standard software to make a graphic like this?
I’d like to see:
- a time series
- an update to 2010, or whatever’s available
- a timely, regular govt report of the data
- very detailed data on the top 1%, millionaires, billionaires
- added column to represent spending

By: Jan Madeley, College Station, TX

Jan Madeley, College Station, TX — Fri, 31 Dec 2010 23:01:04 +0000

I read your response to my post on the Heritage Forum. Thank you. I really like the way you expressed this; it is very clear and concise! I have added your website to my favorites. I have a MS in Math so you really speak my language. Thanks again.

By: drag car race

drag car race — Mon, 15 Nov 2010 00:21:26 +0000

shares employ a perfect website decent Gives thank you for the efforts to help out people

By: Ben W

Ben W — Mon, 19 Apr 2010 13:16:55 +0000

Think you could make one with the “Fair Tax” plan of a sales tax with a rebate for all American’s. It would be a bit more work as one pays tax on consumption but not on savings or investments. My initial though is the hardest hit will be the second quintile as they have high levels of consumption (little ability to save or invest) and the first quintile will have a higher portion of their income offset by the rebate (although I think the term used by “Fair Tax” proponents is prebate as it is received at the beginning of the year).

If you want I can get some of the data together for you as I am a PhD student and that is all I do all day anyway.

By: Twitter Weekly Updates for 2010-04-18

Twitter Weekly Updates for 2010-04-18 — Sun, 18 Apr 2010 20:18:56 +0000

[...] I've got my own version of the unequal taxes chart, if you're interested http://www.politicalmathblog.com/?p=270 in reply to dmataconis [...]