Another graphic from my client work with TurboTax. I performed some behind the scenes research and sketching for this infographic that you can see in this version below:
Sources of State Revenue 2009
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.
State Tax Collection Drops Dramatically
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
Amount of taxes collected by the Federal Government from 1934
Day 13 of 28 Days of Tax Data From Economix blog
The different sources of revenue for the federal government from 1934 to 2015. (2010-2015 are projections)
How much taxes are paid by the poor, middle class and rich
Day 12 of 28 Days of Tax Data From Political Math
Here is a graph showing how the rich make more income and pay even more in taxes. While the upper middle class pay about the same percentage in taxes as the make. Finally the lower 60% pay less in taxes then their % of the nation income.
Statistics for e-filing tax returns
Day 2 of my 28 days of Tax Data series From The Turbo Tax Blog
FYI this was some of my client work although I didn't create the finished design above. Instead I performed some behind the scenes research and sketching for this infographic that you can see in this plain b&w version below:
More taxes collected from Employment than from Corporate Profits
(I am starting a new series today: 28 days of Tax Data where I will be posting each day something I find interesting about the Untied States' Tax System)
From the Tableau Software blog Ellie Fields posted an analysis last year comparing the amount collected from Employment tax (Social Security, Medicare, Federal Unemployment taxes which are taxed per employee) vs the amount collected from Corporate tax (which is taxed per dollar of profit). This is for the Federal Government only.
The first graph shows that since the 1960s the amount of taxes from employment has increased relative to corporate taxes
The second graph is plotting the % change in the different between employment and corporate taxes collected. As each recession hit (shown as thick lines of red and pink) taxes collected from employment drop faster (i.e. layoffs) than from corporate taxes (less profit).
Length of unemployment (1980-2009)
Prices, Inflation and Deflation: Great Depression vs Great Recession
Another infographic comparing the last 18 months to the Great Depression. This time I am focusing on Prices, Inflation and Deflation.
Data from Bureau of Labor Statistics: Consumer Price Index History Table
If you want more see Inflation and Deflation created by WallStats
Inflation in 1933 (explained by MGM Studio)
A 10-minute short film produced by the MGM studio to be played in movie theaters across the country. Pete Smith explains (with graphs!) how FDR's inflationary policies are going to help the economy. Found via FinanceProfessor.com and BusinessInsider.com. Here is the related IMDB article Inflation (1933)
