Saturday, November 1, 2008

Democrats v. Republicans on the economy

Title sounds familiar for a reason (9/19).

I just wanted to catalog a few useful links that I have found to be integral to arguing with conservatives about economics.

update: 12/18

Although federal income taxes are progressive (get larger as income gets higher), all taxes do not, and as a share of one's income, the overall amount of taxes paid is fairly flat across all incomes. It literally comes down to a few points difference in total tax burden for people in the 2nd-5th quintiles of income.

Ezra Klein on the changes over time in overall tax burden (graph 1 source, graph 2 source)
Chart showing overall tax burden (CSM)
State and local tax burdens (NSN)
Washington Monthly on overall tax burden
NYT graph on overall tax burden (NYT article)
NYT graph on tax code changes and beneficiaries (NYT article)

11/1

Income inequality under Dems v. GOP (Bartels)
Income inequality under Dems v. GOP (chart, Krugman)
Income inequality under Dems v. GOP (Rolling Stone, Krugman)
Explanation of the causes of the financial crisis (Stiglitz)
The $3T War (Stiglitz)
Overall economic comparison of Dems v. GOP (Slate)
Overall economic comparison of Dems v. GOP (NYT, Alan Blinder)
How the GOP went from a $5.6T surplus to a $3.8T deficit (CBO)