Graph of the Day for June 20, 2010

Randall Hoven
"[R]ich families were the undisputed winners from President Bush's tax cuts."  The New York Times, January 2007.


Source:  CBO.


Hoven's Index for June 20, 2011


Average tax rate (all federal taxes: income, SS, corporate, excise) in 2007:

Lowest quintile:  4.0%

Second quintile:  10.6%

Middle quintile:  14.3%

Fourth quintile:  17.4%

Highest quintile:  25.1%

Source:  CBO.


Graph of the Day Archive.

"[R]ich families were the undisputed winners from President Bush's tax cuts."  The New York Times, January 2007.


Source:  CBO.


Hoven's Index for June 20, 2011


Average tax rate (all federal taxes: income, SS, corporate, excise) in 2007:

Lowest quintile:  4.0%

Second quintile:  10.6%

Middle quintile:  14.3%

Fourth quintile:  17.4%

Highest quintile:  25.1%

Source:  CBO.


Graph of the Day Archive.