Tag Archives: excel

Chart: As Top Tax Rates Dropped, Top Incomes Soared

Mother Jones

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We’re still posting a new chart on the current state of income inequality every day over the next week. Yesterday’s looked at how the top 1 percent of Americans have captured half of all income.

Today, let’s talk taxes. In the past few years, we’ve heard a lot about overtaxed “job creators” and freeloading “takers.” But consider this: As the income rates for the wealthiest have plunged, their incomes have shot up.

Source: Tax rates: The Tax Foundation; top incomes: Emmanuel Saez and Thomas Piketty (Excel)

Illustrations and infographic design by Mattias Macklerâ&#128;&#139;

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Chart: As Top Tax Rates Dropped, Top Incomes Soared

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Chart: Happy Days Are Here Again—for the Superwealthy

Mother Jones

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With Washington paralyzed on bread-and-butter issues and the midterms ahead, we put together a primer on the state of America’s frozen paychecks. We’ll be posting a new chart every day for the next couple of weeks. Today’s chart: How the recovery left most Americans behind.

The Great Recession officially ended five years ago, but that’s news for millions of Americans: A stunning 95 percent of income growth since the recovery started has gone to the superwealthy. The top 1 percent has captured almost all post-recession income growth. Compare that with how they did during these historic booms:

Sources: Boom and recovery gains, 1% gains: Emmanuel Saez and Thomas Piketty (Excel); average household income: Census Bureau.

Illustrations and infographic design by Mattias Macklerâ&#128;&#139;

Photos: Warner Bros; Peter Morgan/Reuters; Christoph Dernbach/DPA/ZumaPress; Steve Jennings/Wireimage/Getty Images; Bo Rader/Witchita Eagle/MCT/Getty Images; Kimberly White/Reuters

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Chart: Happy Days Are Here Again—for the Superwealthy

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