This Thanksgiving, I'm thankful to have known for the past five years, one of the most gifted graphic artists and designers on the planet, Nate Burgos. In addition to being a consultant by day, Nate is host to the Design Feast site at night. Some of my clients have been fortunate enough to see Nate's handiwork upfront, especially when it comes to the visualization of numbers. It's brains like Nate which come up with visual displays of quantitative information like this which are extremely important at dispelling myths and fallacies in the world today and helping us get at the truth that data can present. Take, for example, taxes -- and who pays them in the US in great disproportion to their income.
Zero Hedge observed when commenting on the above-linked information rich chart that “5% Of U.S. Taxpayers Account For 60.6% Of All Tax Revenue” and that “47% Will Pay No Federal Tax In 2009”. How's that for equitable? So next time you read about yet another bill in Washington to make the wealthy pay their fair share (i.e., not just more than anyone else, but the great majority of the overall tax burden), perhaps it might be worth referring back to data like this which shows the massively disproportionate amount of overall tax receipts that the top 5% of wage earners already pony up for. Not to mention Margaret Thatcher's famous (paraphrased) quip: "the trouble with socialism is that eventually you run out of other people's money."