Visualizing Economics » United States

Federal Tax Rates by Income for Single Filers: 2009

Catherine — Mon, 15 Mar 2010 14:00:13 +0000

The first of series of infographics I am designing to illustrate the actual federal tax rate applied to different salaries. I want to show how the marginal income tax rates + social security and medicare taxes combine together for a single taxpayer up to $400,000. (This graphic does not including payroll tax or any taxes on capital gains. Those taxes will be investigated later.)

A little background about this data. If you take a look at your W-2 form you can see that there are 3 different taxes applied to salaries and wages:

The income tax graph is created from the 2009 tax schedule for a single taxpayer:

which you can find from the IRS Tax Tables here while the information about the social security and medicare tax can be found here.

Franklin Delano Roosevelt’s Income Tax Return from 1913

Catherine — Mon, 01 Mar 2010 04:33:09 +0000

Day 28 of 28 Days of Tax Data

From Franklin Delano Roosevelt’s Tax return from 1913 (the first year of income tax was assessed in the United States)

Measuring the size of the Government

Catherine — Fri, 26 Feb 2010 04:00:52 +0000

Day 25 of 28 Days of Tax Data

From Australia’s future tax system

If a country is above the line then its income is greater than its spending. Below the line then its spending is greater than its income.

Size of government — OECD 2007

Diesel Excise Tax Rates by State, 2008

Catherine — Sun, 21 Feb 2010 04:00:48 +0000

Day 20 of 28 Days of Tax Data

From The Department of Energy

Ranking the state tax on gasoline from the lowest (Alaska $0.08) to the highest (Pennsylvania $0.381)

Gasoline Excise Tax Rates by State, 2008

Catherine — Sat, 20 Feb 2010 04:00:58 +0000

Day 19 of 28 Days of Tax Data

From The Department of Energy

Ranking the state tax on gasoline from the lowest (Alaska $0.08) to the highest (Washington $0.375)

Changes in the State Revenue Sources since 1972

Catherine — Fri, 19 Feb 2010 04:00:04 +0000

Day 18 of 28 Days of Tax Data

From Tax Policy Center

Since in the 1970s and early 80s, property taxes become a less important source of state revenue while charges (fees, licenses) became more important.

Sources of State Revenue 2009

Catherine — Thu, 18 Feb 2010 04:00:13 +0000

Day 17 of 28 Days of Tax Data

From Stateline found via TaxProf blog

Breakdown of the different taxes levied by each state. While all states have some form of sales tax and property taxes and licenses/fees there are a few without corporate or individual income taxes.

Federal Taxes paid/received for each State

Catherine — Wed, 17 Feb 2010 05:37:15 +0000

Day 16 of 28 Days of Tax Data

Found at Visual Economics, via ChartPorn and Context.org

Two map one for tax dollars going from individual states to the Federal Government (dark red), the second for tax dollars going from the Federal Government to the states (blue). A third map would be nice showing the ratio between money in verses money out.

Payroll taxes 1970 vs 2004

Catherine — Tue, 16 Feb 2010 04:59:25 +0000

Day 15 of 28 Days of Tax Data

From Economist View

Here are tax rates by income group. In the graph we are looking at the payroll tax 1970 in blue and 2004 in red. I you might notice the payroll tax is much higher now especially on people in the bottom 99%.

State Tax Collection Drops Dramatically

Catherine — Mon, 15 Feb 2010 04:12:43 +0000

Day 14 of 28 Days of Tax Data

From Rockefeller Institute of Government via Economix blog

Here is the percent change in tax collection (each point is an average of the previous 4 quarters).While local taxes (red) have decreased it has been state taxes (blue) that have taken a big hit since 2008