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.

Saving the Bees

Honeybees contribute more than $15 billion to the U.S. economy. A short documentary considers how desperate beekeepers are trying to keep their hives alive.

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

How to Cook Spaghetti Squash (and Why)

Cooking for yourself is one of the surest ways to eat well.

Video

Before Tinder, a Tree

Looking for your soulmate? Write a letter to the "Bridegroom's Oak" in Germany.

Video

The Health Benefits of Going Outside

People spend too much time indoors. One solution: ecotherapy.

Video

Where High Tech Meets the 1950s

Why did Green Bank, West Virginia, ban wireless signals? For science.

Video

Yes, Quidditch Is Real

How J.K. Rowling's magical sport spread from Hogwarts to college campuses

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

More in Business

Just In