Comments on: How much taxes are paid by the poor, middle class and rich http://www.visualizingeconomics.com/2010/02/12/how-much-taxes-are-paid-by-the-poor-middle-class-and-rich/ Making the "Invisible Hand" Visible Tue, 07 Sep 2010 16:26:57 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: www.Stock-MD.com http://www.visualizingeconomics.com/2010/02/12/how-much-taxes-are-paid-by-the-poor-middle-class-and-rich/comment-page-1/#comment-43288 www.Stock-MD.com Tue, 22 Jun 2010 23:45:00 +0000 http://www.visualizingeconomics.com/?p=651#comment-43288 Yes, this is how the wealthy like to show that the tax system is progressively fair. Unfortunately, if you really want to understand any government economic information, it would need to be presented on a per capita or in this case per taxpayer/household basis. But of course the government/media very rairly show it that way. To translate, 1% of the people make 67% of the income but only pay 27% of the taxes. To put it another way, the richest 1% make almost 100 times more income than poorest 20% but they only pay 27 times more of the tax burden. Yes, this is how the wealthy like to show that the tax system is progressively fair. Unfortunately, if you really want to understand any government economic information, it would need to be presented on a per capita or in this case per taxpayer/household basis. But of course the government/media very rairly show it that way.

To translate, 1% of the people make 67% of the income but only pay 27% of the taxes. To put it another way, the richest 1% make almost 100 times more income than poorest 20% but they only pay 27 times more of the tax burden.

]]> By: Alex http://www.visualizingeconomics.com/2010/02/12/how-much-taxes-are-paid-by-the-poor-middle-class-and-rich/comment-page-1/#comment-42029 Alex Mon, 15 Feb 2010 09:14:05 +0000 http://www.visualizingeconomics.com/?p=651#comment-42029 I wonder what percentage each person pays from their total income for each of the eight percentiles listed there. I think that, if anything, in my opinion, could possibly show inequality. An interesting view can be seen here http://vimeo.com/7857584 that is a pretty recent conference, so you might be unfamiliar with some of the things talked about, in that case, if you like to explore, there are torrents you can download and many forums on the site for discussion. I wonder what percentage each person pays from their total income for each of the eight percentiles listed there. I think that, if anything, in my opinion, could possibly show inequality. An interesting view can be seen here http://vimeo.com/7857584 that is a pretty recent conference, so you might be unfamiliar with some of the things talked about, in that case, if you like to explore, there are torrents you can download and many forums on the site for discussion.

]]> By: How much taxes are paid by the poor, middle class and rich | Free Market Mojo http://www.visualizingeconomics.com/2010/02/12/how-much-taxes-are-paid-by-the-poor-middle-class-and-rich/comment-page-1/#comment-42019 How much taxes are paid by the poor, middle class and rich | Free Market Mojo Sun, 14 Feb 2010 08:22:29 +0000 http://www.visualizingeconomics.com/?p=651#comment-42019 [...] From Political Math (via Visualizing Economics): [...] [...] From Political Math (via Visualizing Economics): [...]

]]>