Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama/McCain Tax Plans Comparison Chart in Wash Post Misleading; Blogger Makes More Accurate

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Hissyspit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:27 PM
Original message
Obama/McCain Tax Plans Comparison Chart in Wash Post Misleading; Blogger Makes More Accurate
http://chartjunk.karmanaut.com/taxplans/

Tax Plans (that’s one for you, nineteen for me).

UPDATE: Here’s a PDF version of my redrawn tax plan chart.

There’s a graph that Obama supporters are sending around, showing the differences between the Republican and Democrat tax cut proposals. It shows that Obama is not in fact planning to raise taxes - he’s planning to cut them for all but the very, very rich. I couldn’t help but notice though - the graph is still massively weighted towards the interests of the super-rich. For example, the bottom two-thirds of the population are given only a third of the space on the graph, while the top 0.1% of the population - one in a thousand people - gets almost 10%. What’s more, an “average tax cut” is then given, which seems to have been derived from taking a total of the nine income brackets shown and dividing it by nine. Journalists should really volunteer to take remedial arithmetic, you know. Once again, this ignores that one of the brackets represents one thousandth of the population.

So let’s make this a bit more accurate - let’s keep all the brackets, but draw it to scale.



(cc) US Tax Plans - Redrawing by Viveka Weiley is licensed under a Creative Commons Attribution-Share Alike 2.5 Australia License.

My redrawing is not perfect - I don’t know the detailed income distributions, only that the bottom three brackets equal 60% of the population, the next four are 39%, the next 1% and the next 0.1% (to make a total of 100.01%, but never mind) - but with some help from commenters (particularly zach) it’s becoming pretty good - the height of each bar now correctly reflects the source data. Also notice that even with my redrawing, median income (where Obama is proposing a sevenfold larger tax cut than McCain) is not in the middle, it’s down in the second or third-bottom bracket. This reflects the concentration of wealth at the top, as commenters have helpfully pointed out below.

Nonetheless it is a considerably truthier picture than the Washington Post version, which I reproduce below for comparison.



MORE POST, LINKS & COMMENTS AT ORIGINAL LINK

Printer Friendly | Permalink |  | Top
grannie4peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:31 PM
Response to Original message
1. might make a good shirt !!!!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 01:57 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC