With our burgeoning deficit, we will certainly see a number of tax changes over the next decade. I offer the following graphs and articles to provide some perspective on the matter.
I found this fascinating. While the percentage of tax revenue from income taxes has stayed relatively constant [...]
Numbers like a trillion are way beyond our every day comprehension. With the economic crisis taling about trillions has become common place and James Hamilton has come up with the following to help make the numbers more real.
A trillion dollars is about the total amount collected in income taxes [...]
Understanding a Trillion Dollars