Author Topic: More Charts on the National Debt  (Read 2695 times)

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Offline Weisshaupt

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More Charts on the National Debt
« on: April 28, 2011, 11:35:11 AM »
Political Calculations is a bit haphazard about the subjects covered, but always interesting.  Here are some of the charts for recent articles you may not have seen

This one shows Hauser's Law in Action.  Top Marginal rate has almost NO effect on tax revenues collected.



However, top marginal rate DOES seems to be correlated with how quickly the economy grows



Meanwhile here as a nice graphical representation of all taxable income in the United States, and the amount that is actually subject to being taxed after deductions - also note  the scale is LOGRITHMIC- so you can't just compare areas to see how much money is where.



"Even if the share of the debt held by foreign investors and governments does not increase over the next decade, CBO’s projection suggests that we’ll be shipping fully 2 percent of our GDP (almost $500 billion) overseas each year by the end of the decade, just to pay the interest on foreign holdings of U.S. government debt"

Then there is the amount of our debt held by various parties as a total and percentage





Sources:
http://politicalcalculations.blogspot.com/2009/12/hausers-law.html
http://politicalcalculations.blogspot.com/2011/04/obamas-orwellian-oratory.html
http://politicalcalculations.blogspot.com/2011/03/unusually-fast-growing-export.html