What's Your Favorite Tax Graph?

More

Welcome to tax week. Later today, I'm posting a gallery of my favorite charts, graphs, and tables about taxes.

As I'm reminded every other day or so, many of this site's readers are just as fanatical about tax policy as I am. So I'm inviting you to share your favorite charts in the comment section. Paste a hyperlink and a few lines of your own analysis, and I'll post your contribution throughout today and tomorrow.

Here, let me get things rolling with one of my favorite charts of the last few months, this from a recent CBO report on the deficit. Our tax code doesn't just collect money. It also spends money.

These so-called tax expenditures -- that is, exceptions and deductions in the tax code for health care and housing and so on -- don't count as spending in our budget. But they are spending, in a way. They are measurable transfers of money in exchange for certain behavior. Did you buy a house? Here's some money. Did you have a kid? Here's some money. If you add it all up, tax spending in 2012 costs more than Medicare, more than the Defense budget, and more than Social Security.

Screen Shot 2012-01-31 at 11.08.33 AM.png

Stay tuned for more on who pays taxes, who doesn't pay taxes, and who's received the biggest tax cut in the last 30 years.

In the meantime, share your favorites.

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

Social Security: The Greatest Government Policy of All Time?

It's the most effective anti-poverty program in U.S. history. So why do some people hate it?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in Business

Just In