Today's topics include this week's subpar Treasury auctions, Mag7 comes back to life before earnings season, a long-term look at interest rates, higher rates' effect on housing inflation, high valuations bring lower future returns, stock outflows, and ECB stands pat lacking unanimous decision
Today's topics include this week's subpar Treasury auctions, Mag7 comes back to life before earnings season, a long-term look at interest rates, higher rates' effect on housing inflation, high valuations bring lower future returns, stock outflows, and ECB stands pat lacking unanimous decision
A historical look at the highest and lowest tax brackets since 1913
How have the different forms of taxes funded the U.S. government throughout the years?
Those with an AGI under $100,000 account for roughly 12% of all income taxes collected in the U.S., while those with an AGI above $1 million account for roughly 40%.
The average taxpayer in the U.S. paid 14.20% on their adjusted gross income between 2001 and 2021.
Over one-third of U.S. citizens have no income tax liability.
A look at each state's income tax as well as sales tax rates
A comparison of taxes across the globe
Some interesting charts from our recent posts
In the latest installment of Talking Data, Jim discusses sticky inflation and what it means for the US economy.