The relationship between marriage and income: Jason Deparle captions: While the decline of two-parent families is most striking in the bottom quarter, that is a familiar story and had largely occurred by 1990. Much of the recent growth has occurred...
The chart above shows the relationship over time (from 1979 to 2007) between: a) the top marginal income tax rate, and b) the share of total income taxes paid by the top 1%. In 1979 the top marginal income tax rate was 70% and 18.3%... Read Post
Great chart from Deutsche Bank showing a times series of U.S. Federal spending. Note the “peace dividend” and decline in defense spending during the 1990?s, which was partially responsible for the Clinton surpluses. The chart also... Read Post