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The Joy of Stats, and some less joyous stats

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3 Comments

  1. John

    Could you explain more explicitly the intellectual dishonesty you allege in the chart?

  2. Mike S Author

    Why not compare the amount of money made by the top 1% instead of the number of people in the top 1% to what they pay in taxes? The caption makes claims about tax progressivity, yet nothing about the progressiveness of our tax system can be derived from the data presented. For all the reader knows, the top 1% could earn 40% of the income and the top 10% could earn 71% of the income.

    Additionally, looking at some of the other charts at the link, #6 should show percentage of income rather than inflation-adjusted dollars and #8 should show tax revenue as a percentage of GDP rather than inflation-adjusted dollars.

    In short, there is some spin to make the data appear to support the points the Heritage Foundation is attempting to make better than they actually do. I’m not commenting on the underlying arguments, themselves. Rather, I am pointing out that these charts can be misleading and may not do anything to support the organization’s claims, to discriminating readers.

  3. Ken L

    Indeed.

    Sure, while it is factually correct that top 1% paid about 40% of taxes, the slide ignores that fact they the top 1% also takes in 20% of all income with an average adjusted gross income AGI of $1.7 million. Not too shabby.

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