Nov 18, 2011

Fair Share? Contribution of individual and corporate income tax...

Fair Share?b ilovecharts

Contribution of individual and corporate income tax to government and social infrastructure over time. I made this graph from official tax revenue data of the US government. It shows the ratio of percent of GDP of individual tax revenue to percent of GDP of corporate tax revenue over time. As you can see, even though they consume far more public resources and earn greater profits, the share being paid by corporations to our infrastructure, roads, transportation, education of workforce, etc has decreased greatly over time, shifting the burden of all public infrastructure to labor.

Blue is people. Gold is corporations. What’s graphed is the bill for running the country. It goes from 50-50 to individuals paying most of the bill.  -miraclesawake