from Congressional Budget Office 1,
2,
Office of Management and Budget 3.
Bush tax cuts and increased military spending have turned a $38 Billion
dollar surplus into a $480 Billion dollar deficit.
| year | discretionary spending(1) | tax cuts
(EGTRRA+ JCWAA+ JGTRRA) |
Additional spending for military, homeland defense and additional interest | Current projected deficit | deficit without
Bush tax cuts and increased spending |
| 1999 | -$572 B | $0 B | $0 B | +$126 B | +$126 B (surplus) |
| 2000 | -$615 B | $0 B | $0 B | +$236 B | +$236 B (surplus) |
| 2001 | -$649 B | -$41 B | -$ 12 B | +$127 B | +$179 B (surplus) |
| 2002 | -$735 B | -$122 B | -$ 61 B | -$158 B | +$ 25 B |
| 2003 | -$826 B | -$190 B | -$169 B | -$401 B | -$ 43 B |
| 2004 | -$900 B | -$284 B | -$234 B | -$480 B | +$ 38 B |
1) discretionary spending included "Iraqi War" costs ($87B),
and the following (from federal
spending):
Military ($327 B), Homeland Security($29.9 B), Education($58
B), training and employment($9.9B), social services (16 $B), Energy($.7B),
Natural resources and environment($30.6 B), Commerce and housing credit($5.5
B),Transportation ($64 B), Community and regional development($18.4 B),
International affairs (foreign aid = $15.1), General science, space and
technology, Agriculture($20.8 B), Administration of justice(36B$), General
government($18.9B)
Comparison of health care
results (Nation
Master)
Countries ranked by Life Expectancy :
- in years from UN Human Development reports:
1 Japan
81.0
2 Sweden
79.7
3 Hong Kong 79.5
4 Iceland
79.2
5 Australia 78.9
6 Switzerland 78.9
7 Canada
78.8
8 Israel
78.7
9 France
78.6
10 Norway
78.5
11 Italy
78.5
12 Spain
78.5
13 Belgium 78.4
14 Greece
78.2
15 Netherlands 78.1
16 Austria 78.1
17 Cyprus
78.0
18 Malta
78.0
19 United Kingdom 77.7
20 Germany 77.7
21 Finland 77.6
22 New Zealand 77.6
23 Singapore 77.6
24 Luxembourg 77.4
25 United States 77.0
Corruption Index - lower score is
more corrupt (Transparency
International)
1 Finland 9.7
2 Iceland 9.6
3 Denmark 9.5
4 New Zealand 9.5
5 Singapore 9.4
6 Sweden
9.3
7 Netherlands 8.9
8 Australia 8.8
9 Norway
8.8
10 Switzerland 8.8
11 Canada 8.7
12 Luxembourg 8.7
13 United Kingdom 8.7
14 Austria 8.0
15 Hong Kong 8.0
16 Germany 7.7
17 Belgium 7.6
18 Ireland 7.5
19 USA
7.5
20 Chile
7.4
21 Israel 7.0
22 Japan
7.0
23 France 6.9
24 Spain
6.9
25 Portugal 6.6
26 Oman
6.3
27 Bahrain 6.1
28 Cyprus 6.1
29 Slovenia 5.9
30 Botswana 5.7
Violent Crime - Assaults/1000 people (http://www.nationmaster.com/)
Rank Country
Assaults Murders Prisoners
-------------------------------------------------
1 South Africa
12.20 0.50 3.79
2 Montserrat
11.30 - 5.57
3 Mauritius
8.99 0.02 -
4 Seychelles
8.74 - -
5 Zimbabwe
8.18 0.08 1.81
6 United States
7.98 0.05 6.41
7 New Zealand
7.72 0.01 1.52
8 United Kingdom 7.54
0.01 1.09
9 Canada
7.32 0.02 1.10
10 Australia
7.22 0.02 1.11
11 Finland
5.37 0.03 0.59
12 Iceland
4.95 0.02 0.29
13 Tunisia
4.13 0.01 -
14 Jamaica
4.00 0.33 1.30
15 Portugal
3.50 0.02 1.28
16 Chile
3.43 0.02 2.13
17 Norway
3.25 0.01 -
18 Netherlands
2.75 0.01 0.73
19 Ireland
2.55 0.01 0.77
20 Mexico
2.47 0.13 1.50
30 Hong Kong
1.02 0.01 1.65
40 Bulgaria
0.40 0.04 -
49 India
0.23 0.04 -
Individual wealth (HDR)
US Foreign Spending (HDR)
- 2003 international affairs spending (foreign aid+) was $20.7 Billion out of a $2,170 Billion federal budget and $6.7 B of that was miltary aid.
World Tax burden (ctj)
Corporate Tax Rate (ctj)
(jec)
(jec)
70 years of tax history (OMB)
Economic Growth (OMB)
Stock Performance (Dow historic price) (yahoo)
Inflation (OMB)
Historic Growth of Federal Government (OMB)
Total Federal Tax Rate by Income Bracket (from cbo)
Total State Tax Burden (ITEP)
| income group | state | federal | total |
| Bottom 20% | 11.3% | 8% | 18.3 % |
| Low 20% | 10.5% | 16% | 26.5% |
| Middle 20% | 9.8 % | 18% | 27.8% |
| Upper 20% | 9.0% | 20% | 29 % |
| Top 20% | 7.8% | 27% | 34.8% |
(from cbo)
After Tax Income:
Change in Income (from cbo)
poverty rates (jec)
income data 1967 from http://www.census.gov/prod/2003pubs/p60-221.pdf
income data 1947-1967 from http://www.census.gov/prod/3/98pubs/p60-203.pdf
income data for households and neglects taxes, health benefits and
equal population quintiles (see other income measures in report)
If you want to understand the income class structure of the US over
the last 80 years read these amazing papers
- top income 1913-2000 from IRS data Pketty and Saez income
- top wealth 1913-2000 from IRS data wealth
The above charts track only "household" income. This link details some of the "corrections" which reflect both statistical issues and the effect of taxation and government dispersments to the poor. The chart below shows the effects for such corrections for the year 1997. As shown, these corrections substantially reduce the income inequality in the raw census data. Unfortunately corrected data is not available for the full time series
The chart below income shares for the top income levels derived from IRS data Piketty Table A3:
For reference:
the top 1.00 % income (1 in a hundred) in 1998 dollars is $790,558
the top 0.10% income (1 in a thousand) in 1998 dollars is $3,766,534
the top 0.01% income (1 in a ten thousand) in 1998 dollars is
$17,030,999
low10% ===== hi10%
Income history of top 10% and bottom 90% of tax filers (from Piketty and Saez)
Transfer of wealth to top 10% via borrowing and interest
