{"id":3532,"date":"2009-10-06T21:16:45","date_gmt":"2009-10-07T01:16:45","guid":{"rendered":"http:\/\/1boringoldman.com\/?p=3532"},"modified":"2009-10-07T22:09:04","modified_gmt":"2009-10-08T02:09:04","slug":"taxing-thoughts","status":"publish","type":"post","link":"https:\/\/1boringoldman.com\/index.php\/2009\/10\/06\/taxing-thoughts\/","title":{"rendered":"taxing thoughts…"},"content":{"rendered":"\n

"You load sixteen tons, and what do you get? Another day older, and deeper in debt."<\/em><\/sup><\/p>\n\n\n
I’m aware that one might accuse me of being always on the lookout for some numbers to graph, and that might even be right. But the table of income tax brackets over the years that I’ve been looking at captured me for days. I found myself returning to it in the spaces of my life – actually making spaces to work on it. There was something in there that was hard to see. So I made logarithmic graphs and 3D graphs [and seemed like a mental patient for a few days the those around me]. This is the full dataset I ended up with. It shows the Tax Brackets from 1940 through 2008 at selected income levels corrected to present dollars. And Joseph thought he had a pretty coat…<\/em>
<\/sup><\/td>\n<\/tr>\n<\/table>\n

<\/p>\n

REMINDER<\/strong><\/u>: The US Income Distribution isn’t the same as your friends’:<\/div>\n

<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Dollar Cut-Off (Minimum AGI for tax return to fall into various percentiles<\/sup><\/strong><\/td>\n<\/tr>\n
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<\/td>\n<\/tr>\n
<\/sup>Year<\/sup><\/td>\nTop 0.1%<\/sup><\/td>\nTop 1%<\/sup><\/td>\nTop 2%<\/sup><\/td>\nTop 3%<\/sup><\/td>\nTop 4%<\/sup><\/td>\nTop 5%<\/sup><\/td>\nTop 10%<\/sup><\/td>\nTop 25%<\/sup><\/td>\nTop 50% <\/sup><\/td>\n<\/tr>\n
2001<\/sup><\/td>\n$1,324,487<\/sup><\/td>\n$292,913<\/sup><\/td>\n$199,620<\/sup><\/td>\n$161,491<\/sup><\/td>\n$140,721<\/sup><\/td>\n$127,904<\/sup><\/td>\n$92,754<\/sup><\/td>\n$56,085<\/sup><\/td>\n$28,528 <\/sup><\/td>\n<\/tr>\n
2002<\/sup><\/td>\n$1,191,673<\/sup><\/td>\n$285,424<\/sup><\/td>\n$193,600<\/sup><\/td>\n$159,364<\/sup><\/td>\n$139,997<\/sup><\/td>\n$126,525<\/sup><\/td>\n$92,663<\/sup><\/td>\n$56,401<\/sup><\/td>\n$28,654 <\/sup><\/td>\n<\/tr>\n
2003<\/sup><\/td>\n$1,262,760<\/sup><\/td>\n$295,495<\/sup><\/td>\n$198,413<\/sup><\/td>\n$162,893<\/sup><\/td>\n$142,928<\/sup><\/td>\n$130,080<\/sup><\/td>\n$94,891<\/sup><\/td>\n$57,343<\/sup><\/td>\n$29,019<\/sup><\/td>\n<\/tr>\n
2004<\/sup><\/td>\n$1,548,941<\/sup><\/td>\n$328,049<\/sup><\/td>\n$216,491<\/sup><\/td>\n$175,495<\/sup><\/td>\n$152,344<\/sup><\/td>\n$137,056<\/sup><\/td>\n$99,112<\/sup><\/td>\n$60,041<\/sup><\/td>\n$30,122<\/sup><\/td>\n<\/tr>\n
2005<\/sup><\/td>\n$1,848,791<\/sup><\/td>\n$364,657<\/sup><\/td>\n$236,741<\/sup><\/td>\n$188,534<\/sup><\/td>\n$162,297<\/sup><\/td>\n$145,283<\/sup><\/td>\n$103,912<\/sup><\/td>\n$62,068<\/sup><\/td>\n$30,881 <\/sup><\/td>\n<\/tr>\n
2006<\/sup><\/td>\n$2,044,689<\/sup><\/td>\n$388,806<\/sup><\/td>\n$250,869<\/sup><\/td>\n$199,799<\/sup><\/td>\n$171,579<\/sup><\/td>\n$153,542<\/sup><\/td>\n$108,904<\/sup><\/td>\n$64,702<\/sup><\/td>\n$31,987 <\/sup><\/td>\n<\/tr>\n
2007<\/sup><\/td>\n$2,155,365<\/sup><\/td>\n$410,096<\/sup><\/td>\n$261,166<\/sup><\/td>\n$207,560<\/sup><\/td>\n$178,965<\/sup><\/td>\n$160,041<\/sup><\/td>\n$113,018<\/sup><\/td>\n$66,532<\/sup><\/td>\n$32,879 <\/sup><\/td>\n<\/tr>\n
from The Tax Foundation<\/strong><\/a><\/sup> <\/td>\n<\/tr>\n<\/table>\n

<\/p>\n

F.D.R.’s LEGACY<\/u>:<\/strong><\/div>\n