US Income 3: Make Them Pay
March 15, 2025 Updated: March 23, 2025
The width of each bar represents the number of tax returns in that income bracket. I rounded up to 2 pixels for the higher brackets so they would be visible.
The switches in the plot subtract the annual cost for a given item from the total adjusted gross income of the wealthiest income bracket first, then the next wealthiest, and so on until it is covered. Then the average annual income is recalculated and the plot is updated.
Cost estimates are for the year 2022 where possible, otherwise whatever I could find nearby.
Sources:
- Income
- Individual Income Tax Returns 2022
- Eggs
- Americans ate 279 eggs per capita.
- A dozen eggs averaged about $3, but let's round up to $5.
- The US population was around 334 million.
- 279 * 334,000,000 * $5 / 12 = $38,827,500,000
- F-150s
- Ford sold 653,957 F-Series trucks.
- Let's splurge a little and assume they were all the most expensive model, at $78,540 (2024 prices).
- 653,957 * $78,540 = $51,361,782,780
- Childbirth
- About 3.67 million children were born.
- The average cost of childbirth was $18,865 (without insurance).
- 3,670,000 * $18,865 = $69,234,550,000
- Solar Panels
- Precisely 3,823,951 residential solar panel systems were installed.
- A 10kW system cost around $30,700.
- 3,823,951 * $30,700 = $117,395,295,700
- School
- The US spent $878.2 billion on public K-12 education.
- $878,200,000,000 includes federal, state, and local government funding.