What's Your Favorite Tax Graph?

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.

Presented by

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

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we still save the night sky?

Join the Discussion

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

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we still save the night sky?

Video

The Faces of #BlackLivesMatter

Scenes from a recent protest in New York City

Video

Desegregated, Yet Unequal

A short documentary about the legacy of Boston busing

Video

Ruth Bader Ginsburg on Life

The Supreme Court justice talks gender equality and marriage.

Video

Social Media: The Video Game

What if the validation of your peers could "level up" your life?

Video

The Pentagon's $1.5 Trillion Mistake

The F-35 fighter jet was supposed to do everything. Instead, it can barely do anything.

More in Business

Just In