Commentary on the economy, the markets, and business
More fun with tax charts
A commenter to my post on the strange consistency of the federal tax burden over the past six decades wondered if factoring in state and local taxes would change the picture. (He also wondered about Social Security taxes, but those were already included as federal receipts in my previous chart.) So I went again to the overflowing well of historical data at the Office of Management and Budget and came back with this (and again, Time.com graphics guy Feilding Cage made it look better than Excel and I could):

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