[Paleopsych] NYT: (Class) About the Data
checker at panix.com
Sun Jun 5 16:01:36 UTC 2005
About the Data
Following are links to data that were the source of the graphics "Not
Since the 20's Roared" and "The Wealthiest Benefit More From the
Recent Tax Cuts." Also included are links to groups that will provide
other sources and views on tax policy.
The calculations come from four sources.
The data on income growth come from government tax return records
was analyzed by Emmanuel Saez, economics professor at the
University of California at Berkeley, and Thomas Piketty, economics
professor at the École des Hautes Études en Sciences Sociales in
Paris. The chart data is from Table A6.
The data on wealth come from the Federal Reserve's Consumer
Finance Survey, analyzed by Edward Wolff, a professor of economics
at New York University.
The estimates of taxes come from a computer model of the Tax Policy
Center, a joint project of the Urban Institute and Brookings
Institution, and include income, corporate and estate taxes and
proposals in the President's 2006 budget to make temporary cuts
2001 Income Data and Tax Share
2015 Tax Share
Share of Tax Cut Over 15 Years
Percentage of income paid in income, Social Security and Medicare
taxes in 2004
Information on the Alternative Minimum Tax:
Percent paying A.M.T in 2004 and 2010
How much of groups cuts taken
Average take back for those affected
The data on the 400 highest-income taxpayers come from an Internal
Revenue Service report, with 2004 tax rules applied. In separate
analyses The New York Times and Citizens for Tax Justice calculated
the data under new tax rules and came up with nearly identical
findings. The tax rates paid by such taxpayers are highly influenced
by how much of their income derives from salaries, which are taxed at
up to 35 percent, and from dividends and long-term capital gains,
which are taxed at 15 percent and are exempt from the Alternative
Minimum Tax. The administration will not allow the Internal Revenue
Service to release its data on the top 400 taxpayers for 2001 and
Other sources and views on tax policy:
Internal Revenue Service
Extensive data on who pays which taxes.
For data on the share of income and income taxes paid by income
classes since 1980.
Citizens for Tax Justice
Liberal analysis of tax policies.
Conservative analysis of tax policy.
Libertarian analysis of tax policy.
Nonprofit's publications report in detail on tax policy.
Fact sheets on taxes.
More information about the paleopsych