by Catherine on July 13, 2008
in Other
From the Nation. The top graph shows the average income of the top o.o1% compared to the bottom 90%. The higher the peak the bigger the gap between the two groups. In 2006 you would need an income of over $10 million to make it into the top 0.01% while your income would have to be less than $100,000 to be in the bottom 90. The second graph shows the marginal tax rate over the same time period. Here is graph I created plotting similar data.
{Click on the image to take a closer look}

[tags]Income Inequality, United States, Marginal Tax Rate[/tags]
Tagged as:
Income - Share of,
Line Graph,
Pitketty & Saez,
Tax Rates,
United States
by Catherine on March 16, 2008
in Other
I created this graph showing the average income for different household percentiles, comparing pretax income and aftertax income. The minimum income threshold for each percentile is noted in the graph.
{Click on the image to take a closer look}

Data from Congressional Budget Office
[tags]United States, Income tax, average income[/tags]
Tagged as:
Bar Chart,
Congressional Budget Office,
Income - Average, Median,
Income - Share of,
Tax collection,
Tax Rates,
United States
Looking at the Industry Sectors of the US economy can help illuminate why, over the last 30 years, someone working in a growing industry (like Finance) may have done better than someone working in a shrinking industry (like Manufacture). Note: the data measures value-added; for example the services provided by a doctor is counted under Heath Care but the production of medical equipment would be found in Manufacture.
{Click on the graph to take a closer look} 

The Industry Sectors data can be found at Economic Report of the President 2007 Report Spreadsheets Table B-12.
[tags]income distribution, US income distribution, United States GDP, Gross Domestic Product[/tags]
Tagged as:
Area Graph,
GDP,
Income - Share of,
United States
by Catherine on June 3, 2007
in Other
In my earlier post on Sources of Income of the super rich I plotted the percentage of income that comes from wages, entrepreneurial income, dividend income, interest income, rental income, and capital gains for the Top 0.01 percent. Here I am posting the same data but this time all income sources are on the same graph.
{Click on the graph to take a closer look} 

A few items that caught my attention: the decline (starting in the 1930s) of the importance of Dividend income which was replaced in part by “Entrepreneurial” income then Capitals Gains and finally in the 60s by Wages. Also in the 70s and 80s Interest income becomes more important no doubt due to the high interest rates during those decades.
The income data can be found on Emmanuel Saez’s web site.
[tags]income distribution, US income distribution, US income inequality, income inequality, capital gains, super rich[/tags]
Tagged as:
Area Graph,
Income - High,
Income - Share of,
Interest Rates,
Pitketty & Saez,
United States,
Wages
by Catherine on May 6, 2007
in Other
In my earlier post on Sources of Income of the super rich I plotted the percentage of income that comes from wages, entrepreneurial income, dividend income, interest income, and rental income for the Top 0.01 percent; but this did not include capital gains. In 2005 capital gains was 18% of the income of the super rich (if you exclude capital gains when determining the Top 0.01 percent).
In the graphs below, I have plotted the all 6 income sources for Top 0.01% (this time including capital gains as one of the income sources).
{Click on the graph to take a closer look} 

The income data can be found on Emmanuel Saez’s web site.
[tags]income distribution, US income distribution, US income inequality, income inequality, capital gains, super rich[/tags]
Tagged as:
Area Graph,
Income - Share of,
Income - Types of,
Pitketty & Saez,
United States,
Wages
In my earlier post I plotted the percentage of income that comes from capital gains for the Top 0.01 percent. (In 2005 it was 18% if you exclude capital gains when determining the Top 0.01 percent and 51% if you include capital gains when determining the Top 0.01 percent).
In the graphs below, I have plotted the other income sources for Top 0.01% (excluding capital gains when you rank the families). The question I am trying to answer: since most of the income was not from capital gains in the original graph, what are the sources of the unaccounted for income?
{Click on the graph to take a closer look} 

The income data can be found on Emmanuel Saez’s web site.
[tags]income distribution, US income distribution, US income inequality, income inequality, super rich[/tags]
Tagged as:
Area Graph,
Income - High,
Income - Share of,
Income - Types of,
Pitketty & Saez,
United States