AltNewsBlog: Top Ten Tax Charts

April 14, 2011 at 5:46 pm

With the April 18 tax filing deadline fast approaching, we’ve assembled these charts to provide a big-picture look at the U.S. tax system.

The United States Is a Low-Tax Country

Federal Income Taxes on Average Families are Historically Low

Corporate Tax Revenues are Historically Low

Effective Tax Rates on Wealthiest People have Fallen Dramatically

Bush Tax Cuts Tilted Heavily Towards the Top

Rise in Debt Could be Halted by Letting Bush Tax Cuts Expire

Tax Ependitures are Substantial

Income Gains at the Top Dwarfed those of Low and Middle Income Households

Top 1 Percent's Share of Total After Tax Income Has More than Doubled Over the Past Thirty Years

Most of Budget Goes Toward Defense, Social Security, and Major Health Programs

Saturday, April 16, 2011