Income – High

While athletes, movie stars and other celebrities can earn very high incomes, the majority (61%) of very high-income people (> $1,246,000) work as corporate executives or in the finance industry.

When you account for all taxpayers with income greater than 1.2 million a year, the list includes: Lawyers; Medical jobs; Real estate jobs; Entrepreneurs; Business operations; Computer, math, engineering, technical jobs; Skilled sales; Professors and scientists; Farmers & ranchers

Data source: Jobs and Income Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U.S. Tax Return Data (pdf)

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Where are the billionaires?

by Catherine Mulbrandon

in Other

Found via FastCoDesign

Each circle represents a billionaire but when appropriate the company that they associated with is labeled. And of course United States leads the way with number of billionaires. I liked seeing the data presented on a map; having a geographic distribution shows off the number of non-US billionaires. It would have been nice to see their net worth included in the infographic.

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ADDED NEW VERSION 2/10/2009

Recently the CBO published a supplement to their Historical Effective Federal Tax Rates: 1979 to 2005 report to include a breakdown of top 1% into smaller percentiles. I took the data for income and created this visualization. It is comparing the minimum income for each percentile to the average income in that percentile.

UPDATED VERSION {Click on the image to take a closer look}

Top Income Earners magnifying glass

ORIGINAL VERSION {Click on the image to take a closer look}

Top Income Earners magnifying glass

Data from Congressional Budget Office

[tags]United States, High Income[/tags]

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This graph shows the different types of income of the “Top 400″ from 1992-2005. Number one source of income is Capital Gains, which accounts for more than 50% of their income in 2005.

The “Top 400″ are the 400 tax returns with the highest adjusted gross income reported to the IRS.

{Click on the image to take a closer look}
IRS Top 400 magnifying glass

Data from the IRS via Wall Street Journal’s Tax Report

[tags]Tax Rates, United States, Income tax, IRS[/tags]

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