l****z 发帖数: 29846 | 1 How To Run Record Deficits? Have 60% Of Taxpayers Receive More Than They Pay
July 16, 2012 Posted by Doug Johnson
The chairman of the economics department at Harvard University, Professor
Greg Mankiw analyizes one portion of the new CBO report on the distribution
of income and taxes and finds a telling statistic.
Because transfer payments are, in effect, the opposite of taxes, it
makes sense to look not just at taxes paid, but at taxes paid minus
transfers received. For 2009, the most recent year available, here are taxes
less transfers as a percentage of market income (income that households
earned from their work and savings):
Bottom quintile: -301 percent
Second quintile: -42 percent
Middle quintile: -5 percent
Fourth quintile: 10 percent
Highest quintile: 22 percent
Top one percent: 28 percent
The negative 301 percent means that a typical family in the bottom
quintile receives about $3 in transfer payments for every dollar earned.
The most surprising fact to me was that the effective tax rate is
negative for the middle quintile. According to the CBO data, this number was
+14 percent in 1979 (when the data begin) and remained positive through
2007. It was negative 0.5 percent in 2008, and negative 5 percent in 2009.
That is, the middle class, having long been a net contributor to the funding
of government, is now a net recipient of government largess.
You can tax the rich all you want, but until you either raise taxes on the
middle class or cut back on the government cheese, you’re going to bankrupt
the county.
Thanks to Paul Caron for pointing this out. | P*********0 发帖数: 4321 | 2 Nope. Fought wars and cut tax
Pay
distribution
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【在 l****z 的大作中提到】 : How To Run Record Deficits? Have 60% Of Taxpayers Receive More Than They Pay : July 16, 2012 Posted by Doug Johnson : The chairman of the economics department at Harvard University, Professor : Greg Mankiw analyizes one portion of the new CBO report on the distribution : of income and taxes and finds a telling statistic. : Because transfer payments are, in effect, the opposite of taxes, it : makes sense to look not just at taxes paid, but at taxes paid minus : transfers received. For 2009, the most recent year available, here are taxes : less transfers as a percentage of market income (income that households : earned from their work and savings):
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