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John Birch Society — They’re Back — Eagles Rising — Videos

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History

Formed by Robert Welch in December 1958, The John Birch Society takes its name from the legendary World War II Army Captain John Birch. The organization’s overall goal, never altered in the 50-plus years of its existence, has always been to create sufficient understanding amongst the American people about both their country and its enemies, so that they could protect freedom and ensure continuation of the nation’s independence.

Always an education and action organization, the Society has never deviated from its opposition to communism and any other form of totalitarianism, certainly including the steady drift toward total government currently arising from within our own shores. But the positive promise of what can be built in an atmosphere of freedom has always been more of a motivation for members than any negative fear of what must be opposed.

While the Society has always focused on combating — or occasionally applauding — actions taken by government, the organization was also built on a moral foundation. Its motto proclaims the long-range goal of “Less government, more responsibility, and – with God’s help – a better world.” How much “less” government? Officials point to the U.S. Constitution and claim that adherence to its many limitations on power would result in the federal government being 20 percent its size and 20 percent its cost.

As for “more responsibility,” the Society insists that the Ten Commandments should guide all personal and organizational conduct. Agreeing with numerous pronouncements of our nation’s Founders, Society members believe that national freedom cannot long endure without moral restraint.

Soon after its creation, enemies discovered the Society’s potential to arouse and inform a generally sleeping population. At that point, there arose a totally unfair and withering smear campaign painting the organization and its members with an array of nasty and completely false charges, none of which ever had any validity.

With a membership made up of Americans of all races, colors, creeds, and national origins, the Society is currently enjoying a surge in activity, a large growth in acceptance, and increased hope for a future marked by less government and more responsibility. It is that combination that surely will, with God’s help, lead to the better world desired by all men and women of good will.

https://www.jbs.org/about-jbs/history

The John Birch Society Is Back

Bircher ideas, once on the fringe, are increasingly commonplace in today’s GOP and espoused by friends in high places. And the group is ready to make the most of it.

Robert Welch, founder and president of the John Birch Society, in a May 1961 photo.

Robert Welch, founder and president of the John Birch Society, in a May 1961 photo. | AP Photo

In an unseasonably warm Saturday in January, Jan Carter, a short, graying, 75-year-old retiree, appears pleased. The Central Texas Chapter of the John Birch Society, which Carter leads, is conducting a workshop titled “The Constitution Is the Solution” in the farming town of Holland—home to 1,200 residents, three churches, one stoplight and an annual corn festival. Carter was unsure if anyone would drive to such a remote area early on a weekend morning to get lectured about the Constitution, but, one by one, people are showing, renewing Carter’s “hope that the country can be saved.”

In the Holland Church of Christ, around the corner from a main street lined with abandoned buildings, Carter sits down to talk. She says that the John Birch Society—a group she was convinced could save the nation from a global conspiracy of leftists and communists more than half a century ago—has come roaring back to life in the nick of time. The more she thinks about the situation, the more she sees parallels to the 1950s and 1960s: evil domestic and international terrorists threatening to undo all that is good and holy in the United States.

These days, to the extent that most people know of the John Birch Society—that far-right group founded in the thick of the Cold War to fight communists and preach small government—it’s purely as a historical relic of a bygone era of sock hops and poodle skirts. But the John Birch Society lives. And though it is not the same robust organization it was in its 1960s heyday—when, by some counts, it had as many as 100,000 dues-paying members around the country and 60 full-time staff—after decades of declining membership and influence, the Birchers insist they are making a comeback. And they point to Texas as the epicenter of their restoration.

“There definitely is an increase in [our] activity, particularly in Texas, because Americans are seeking answers, but they can’t quite put their finger on what some of the real problems are,” says Bill Hahn, the John Birch Society’s vice president of communications, who spoke to Politico Magazine on the phone from the Society’s headquarters in Appleton, Wisconsin.

Carter, the head of the Central Texas Chapter, says that statewide, the group’s membership has doubled over the last three years (she declined to disclose exact numbers, as did Hahn, citing Society policy). “State legislators are joining the group,” she says, citing it as proof that their ideas are gaining salience as “more and more people are ready to fight the liberals who preach globalism and want to take away our freedom, our guns, religious values and our heritage.”

In that quest, they have common cause with powerful allies in Texas, including Senator Ted Cruz, Representative Louie Gohmert and a smattering of local officials. Recently at the state level, legislators have authored Bircher-esque bills that have made it further through the lawmaking process than many thought possible in Texas, even just a few years ago—though these are less the cause of the John Birch Society’s influence than an indication of the rise of its particular strain of politics. These include bills that would forbid any government entity from participating in “Agenda 21,” a UN sustainable development effort which JBS pamphlets describe as central to the “UN’s plan to establish control over all human activity”; prevent the theoretical sale of the Alamo to foreigners (since 1885 the state has owned the former mission, Texas’ most visited historic landmark, where the most famous battle of the Texas Revolution occurred); and repeal the Texas DREAM Act, which allows undocumented students who graduate from Texas high schools to pay in-state tuition at public colleges. And last month, Governor Greg Abbott signed the “American Laws for American Courts” Act into law, guarding against what the society has called “Sharia-creep” by prohibiting the use of Islamic Sharia law in Texas’ court system.

This is what the 21st-century John Birch Society looks like. Gone is the organization’s past obsession with ending the supposed communist plot to achieve mind-control through water fluoridation. What remains is a hodgepodge of isolationist, religious and right-wing goals that vary from concrete to abstract, from legitimate to conspiracy minded—goals that don’t look so different from the ideology coming out of the White House. It wants to pull the United States out of NAFTA (which it sees as the slippery slope that will lead us to a single-government North American Union), return America to what they call its Christian foundations, defundthe UN, abolish the departments of education and energy, and slash the federal government drastically. The John Birch Society once fulminated on the idea of Soviet infiltration of the U.S. government; now, it wants to stop the investigation into Russia’s 2016 election meddling and possible collusion with the campaign of President Donald Trump.

The Society’s ideas, once on the fringe, are increasingly commonplace in today’s Republican Party. And where Birchers once looked upon national Republican leaders as mortal enemies, the ones I met in Texas see an ally in the president. “All of us here voted for Trump,” says Carter. “And we’re optimistic about what he will do.”

***

The John Birch Society formed on a frigid Monday morning in December 1958, when 11 of the nation’s richest businessmen braved single-digit temperatures to attend a mysterious meeting in suburban Indianapolis.

They had arrived at the behest of candy magnate Robert Welch, who had made a fortune with his caramel-on-a-stick confection known as the “Sugar Daddy,” and now intended to spend that money defeating the wide-slung Communist conspiracy he was certain had infiltrated the federal government. Welch had invited these men to Indianapolis without giving a reason, and asked them to stay for two days.

After exchanging firm handshakes in the breakfast room of a sprawling, Tudor-style house in the tony Meridian Park neighborhood, Welch explained why he had brought this group together: The United States faced an existential threat from an “international Communist conspiracy” hatched by an “amoral gang of sophisticated criminals.” The power-hungry, God-hating, government worshipers had infiltrated newsrooms, public schools, legislative chambers and houses of worship. They were frighteningly close to total victory—Welch felt it in his gut. “These cunning megalomaniacs seek to make themselves the absolute rulers of a human race of enslaved robots, in which every civilized trait has been destroyed,” Welch wrote in The Blue Book of the John Birch Society, the organization’s founding history.

The chosen few gathered here would form the vanguard of a new political movement, an army of brave American patriots dedicated to preserving the country’s Christian and constitutional foundations. Welch christened the group the John Birch Society—named in memory of a U.S. soldier-turned-Baptist missionary killed by Chinese Communists in 1945—and laid out its goal: Destroying the “Communist conspiracy … or at least breaking its grip on our government and shattering its power within the United States.”

 

 

The Society was Welch’s attempt to root out the reds—an end goal he offered as justification for his opposition to the United Nations (“an instrument of Communist global conquest”), the civil rights movement (an attempt to establish an “independent Negro-Soviet Republic”), public water fluoridation, and Dwight Eisenhower (“a dedicated, conscious agent of the Communist conspiracy”), among myriad other targets of his suspicion.

Prominent Texans quickly became fans. Dallas oilman H.L Hunt, the richest man in the world and a major Republican donor, espoused Bircher views on his popular radio program starting in the 1950s. Dallas Reverend W.A. Criswell, a segregationist and head of the largest Southern Baptist congregation in the world, praised Bircher positions from his pulpit and railed against “the leftists, the liberals, the pinks, and the welfare statists who are soft on communism and easy towards Russia.” Maj. Gen. Edwin Walker, born in small-town Texas and commander of 10,000 troops stationed in post-war Europe, distributed Bircher material to the men under his command. Walker, who called Harry Truman and Eleanor Roosevelt “definitely pink,” resigned after being investigated by the Kennedy administration for engaging in partisan political activity on the job in 1961. East Texas Congressman Martin Dies, the founder of the House Committee on Un-American Activities, was a regular contributor to the Society’s publications in the mid-1960s. These sons of the Lone Star State saw a nation careening towards unfettered Communism. They refused to remain silent.

Popular as Welch’s brand of post-McCarthy McCarthyism was with a certain segment of the right-wing populace, many other conservatives found his beliefs a mixture of detestable and impolitic—including, most famously, William F. Buckley, the founder and editor of National Review.

In the 1950s, Buckley was friendly with Welch, writes Buckley biographer Alvin Felzenberg, even promising to give a “little publicity” to his upstart organization. But the acidity of Welch’s anti-communist paranoia—alleging, for instance, that the cabal of communist agents atop the U.S. government included President Eisenhower, Secretary of State John Foster Dulles and CIA Director Allen Dulles among its ranks—ate away at any relationship with Buckley, who saw such ramblings as a danger to conservatives.

By 1961, Buckley began to see the John Birch Society in general and Welch in particular as threats to the nascent presidential campaign of Senator Barry Goldwater, the rock-ribbed conservative whom Buckley wanted to receive the GOP’s presidential nomination in 1964. If conservatives counted the Birchers as allies, Buckley wrote in an April 1961 National Review column, the left could “anathematize the entire American right wing.”

In the popular memory, it was the first in a series of increasingly antagonistic columns in which Buckley “expelled” the Birchers from the conservative movement. But in reality, the John Birch Society never went away. It was weakened, yes, and its ranks have atrophied drastically. As an organization, the Society lacks its former influence and numbers. It is a pale imitation of its former self. But the increased popularity of the brand of paranoid, conspiracy-minded conservatism it pioneered suggests its finger is still firmly on the pulse of a certain type of anti-government ideology—one that is closer to the levers of power than ever before, especially in Texas, home of Alex Jones, Ron Paul and Ted Cruz.

***

In the annex of the Holland Church of Christ, Carter invites me to look at the assorted John Birch Society literature spread across a white plastic table. Pamphlets forecast the threat posed by Agenda 21, the “UN’s plan to establish control over all human activity.” The New Americanmagazine, the Society’s house organ, warns about the federal government gathering personal data from the pervasive technology all around us—toys, smartphones, appliances, even pacemakers. Nearby, there’s a stack of DVDs with titles like “Exposing Terrorism: Inside the Terror Triangle,” which promises to reveal the real culprits behind global terrorism.

Six people have shown up for part one of the “Constitution Is the Solution” workshop, which consists of six 45-minute lectures on DVD, divided over two Saturday mornings. The session’s official facilitator is Dr. Joyce Jones, a thin, neatly coiffed, middle-aged woman who is, by day, a professor of psychology at Central Texas College in Killeen. Jones hands us worksheets with fill-in-the-blank and multiple-choice questions to answer while we watch. “In other words, we won’t be just zoning out in front of the TV,” she says.

In the first video, “The Dangers of Democracy,” lecturer Robert Brown, a clean-cut white man in a dark suit, defines democracy as “mob rule,” and emphasizes that the United States is a republic, not a democracy. “It wasn’t what government did that made America great,” Brown says in the recording. “It was what government was prevented from doing that made the difference.”

After the first video lecture ends, Dr. Jones offers a quote from Mao Zedong: “Democracies inevitably lead to collectivism, which leads to socialism, which leads to communism, which leads to totalitarianism.”

Welch, who called democracy a “weapon of demagoguery,” ran the JBS as an autocracy, based on his own opinions about what was best, governing it without the democratic nods found in many other members-based groups, lest it suffer from, as he put it, “infiltration, distortion, or disruption.” Considering how much the JBS has declined since its glory days when Welch governed it by fiat, it’s hard not to read the Birchers’ opinions of democracy as words spoken from experience.

The second video lecture stresses that the federal government has overstepped its constitutional authority and encroached on states’ rights. Most of the attendees, all of whom who are white, nod their heads at the mention of state’s rights. Two hours into the workshop we start the third video, which advocates that the Federal Reserve be abolished and the United States return to the gold standard.

One week later, I returned to Holland for part two. While the lectures from the first weekend explained a political theory that could be boiled down to a few things—government programs and socialism are bad; the free market and Christianity are good—the titles of the second set of lectures suggested a more provocative call to action: “Exposing the Enemies of Freedom” and “Constitutional War Powers and the Enemy Within.”

I picked up the worksheet for this week’s video lessons. A multiple-choice question asks you to identify “the Illuminati.” Is it: (A) a myth, (B) an alien race of shape-shifters, or (C) a group founded in the late 1700s, seeking world government? Correct answer: C.

The accompanying lecture warns about a massive, well-organized conspiracy of elites that is determined to destroy religion, glorify immorality, take children from their parents and give them to the state and ultimately form a one-world government. These global elites, we are told, coalesced in Bavaria in 1776 and call themselves the Illuminati. Though the “Illuminati” conspiracy theory has been, of late, widely known and ridiculed, it’s a longtime Bircher hobbyhorse; the Illuminati, Welch wrote in a 1966 essay, has “grandiose dreams of overthrowing all existing human institutions, and of rising out of the resulting chaos as the all-powerful rulers of a ‘new order’ of civilization.”

After learning about the Illuminati, we are lectured about a much newer, but no less pernicious conspiracy: the Council on Foreign Relations. Founded in 1921, the nonpartisan think tank and publisher’s mission is to advocate globalization and free trade. Board members have included banker David Rockefeller, journalist Tom Brokaw and former Secretaries of State Madeleine Albright and Colin Powell. For $19.95, you can order a documentary film from the John Birch Society website called “ShadowRing,” which promises to “set the record straight” on the “criminal deeds” of the Council on Foreign Relations. To the Birchers, CFR shares the same goals as the Illuminati: “to destroy the freedom and independence of the United States and lead our nation into a world government,” in the words of John McManus, the John Birch Society’s president emeritus.

And the last, best hope of fighting these nefarious elitist outfits happens to be a group founded by a millionaire at an invitation-only meeting of wealthy industrialists.

***

The John Birch Society isn’t just gaining purchase in the Lone Star state’s tiny backwaters. Texas’s largest cities, Houston and Dallas, are home to active JBS chapters. At 10 minutes past noon on a Thursday in February, about 40 members of the Houston chapter gather at Christine’s Steaks and Seafood in the Bayou City. They have come to the restaurant, which sits next to an eight-lane road lined with shopping centers, to hear a speech from the most famous of the country’s founding fathers.

But George Washington is running late.

Mark Collins, who has a robust career as both a pastor at a Baptist church and an impersonator of America’s first president, had to drive in from Yorktown, Texas, about an hour away. He has portrayed Washington on the floor of the Texas House of Representatives, at former Texas Governor Rick Perry’s Prayer Breakfast, and in the Nicholas Cage movie “National Treasure 2: The Book of Secrets.” When he finally enters the dining room, the 6’4” Collins looks every bit the part, bedecked in yellow breeches, a blue military coat with gold epaulettes and brass buttons the size of half dollars, and a gray revolutionary pigtail. “So happy to be here with you patriots,” he bellows. “The JBS is the tip of the spear.”

Today, Collins is preaching his Americanist gospel to fervent believers in frenetic Houston. The sprawling metropolis, home to the nation’s biggest oil companies, the world’s largest rodeo and former President George H.W. Bush, has exploded from a sleepy mid-sized town to become the nation’s fourth largest city. It’s also among the most ethnically diverse cities in America, though Collins’ audience in the restaurant is entirely white. The pastor stands in front of a banner featuring a bald eagle, a slogan (“Less government, more responsibility, and—with God’s help—a better world.”) and the John Birch Society’s toll-free telephone number, 1-800-JBS-USA1.

“We must teach our children their heritage,” Collins tells the crowd. “We’ve slowly forgotten our principles.” But there is a powerful reason to rejoice, Collins adds, a reason for renewed optimism: God has sent America a new, powerful leader. He’s a good man, a moral man. God has delivered Donald J. Trump to save the United States of America.

The great struggles American patriots face today are not new, Collins shouts. The enthusiastic crowd—people are smiling and clapping—seems to invigorate Collins. He is pacing back and forth, brimming with energy. “And don’t forget this is not the first time the United States has gone to war with Muslims terrorists. In 1801, we waged war against Muslim terrorists in Tripoli.”

Collins is referencing the First Barbary War, which pitted the United States against Algiers, Morocco, Tunis and Tripoli. In 1801, Tripoli seized American merchant vessels and demanded ransom for their return. President Thomas Jefferson refused to pay, and instead sent the Navy. Academic consensus holds that religion had little to do with the war, but Collins’ remark about fighting Muslim terrorists resonates with the crowd, and many in the audience nod their heads as Collins continues.

“And let us not forget in 1774 the government, the British government, tried to ban the original assault rifle … the Brown Bess. That attempt to seize weapons brought about a revolution.” More than a dozen audience members applaud. “Just horrible,” says an elderly woman sitting next to me in a wheelchair.

Collins’ voice grows louder. “Many today don’t realize that we are facing the same gun-control tactics by our own federal government that our forefathers faced from the British,” he says. “Just horrible,” the elderly woman says again.

For 15 minutes, Collins orates on George Washington’s close relationship with Christ. Washington spent the first and last hour of every day in prayer, Collins says. Then, the presidential impersonator lays down a challenge: “Make no mistake, there is a war for the soul of this nation. But with work and sacrifice the United States can be restored as a nation. All it takes is an on-fire minority setting fire in the minds of men.”

***

Chip Berlet, former senior analyst at Political Research Associates in Somerville, Massachusetts, a left-leaning think tank, and co-author of “Right-Wing Populism in America: Too Close for Comfort,” has studied the John Birch Society for three decades.

Berlet tells me the resurgence of the John Birch Society taps into populism which surfaces periodically, especially during times of cultural and demographic upheaval. The nation’s demographic landscape has undergone dramatic shifts since the Birchers’ heyday. From 1955 to 2014, the percentage of U.S. citizens who identified as Protestant sunk from 70 percent to 46 percent, according to polls by Gallup. The percentage of citizens who identified as non-Hispanic white decreased from 89 percent to 63 percent, according to the Pew Research Center. Such changes, mixed with man’s evolutionary tendency toward tribalism, means that many white Christian Americans are full of anxiety.

“The John Birch Society views white Anglo-Saxon Protestant ethnocentrism as the true expression of America,” Berlet says. “They use constitutionalist arguments and conspiracist scapegoating to mask this.”

Placing blame on conspiracies is seductive to social conservatives because of the way their brains are hardwired, says Colin Holbrook, an evolutionary psychologist and research scientist at the University of California, Los Angeles. “It’s not a pathology, nor because they’re less intelligent,” Holbrook tells me.

Holbrook co-authored a 2017 study for the journal Psychological Science, in which subjects were presented with a series of false statements such as, “Terrorist attacks in the U.S. have increased since Sept. 11, 2001,” and “Hotel room keycards are often encoded with personal information that can be read by thieves.”

In Holbrook’s study, social conservatives were more credulous about claims of danger in the world, and the phenomenon has roots in evolutionary psychology—being hyper-aware of threats could potentially save your life. But that evolutionary advantage also makes social conservatives more susceptible to claims about things that could potentially hurt them, according to Holbrook. “That’s what you’re probably seeing with the John Birchers in Texas and the conspiracies they fear,” he says.

After speaking with Holbrook, I thought back to a conversation I had with Jan Carter after the “Constitution is the Solution” workshop in Holland. I told her that it was hard for me to believe that our elected officials are part of a secret conspiracy to form a one-world government, or that they are members of the Illuminati. What about staunchly conservative Texas Republicans, like Gov. Abbott or President George W. Bush?

Carter immediately corrected me. “George W. Bush didn’t have noble intentions. He wanted a one-world government.”

I suggested to Carter that Abbott, at least, seems to genuinely distrust the federal government. He’s a man who, after all, when serving as Texas’ attorney general, sued the Obama administration at least two dozen times. And in April 2015, when some Texans feared that a U.S. military training exercise called “Jade Helm 15” was a covert attempt by the federal government to invade the state, seize Texans’ guns, and imprison conservative citizens in abandoned Wal-Marts, Abbott deployed the Texas State Guard to monitor the U.S. military. It’s tough to imagine a more Bircher-friendly move.

Carter shrugged her shoulders.

“Sometimes politicians do things just for show,” she said.

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Posted on December 19, 2017. Filed under: American History, Blogroll, Congress, conservatives, Constitution, Corruption, Economics, Economics, Employment, Faith, Family, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, Freedom, Friends, government, government spending, Health, history, History of Economic Thought, Internal Revenue Service (IRS), Law, Life, Macroeconomics, media, Monetary Policy, Money, People, Photos, Rants, Raves, Raymond Thomas Pronk, Tax Policy, Taxation, Taxes, Technology | Tags: , , , , , , |

 House Passes Tax Cut 227-203 and Senate Expected To Vote Tonight — Tax Cuts Yes — Absolutely Not Tax Reform: Income Tax Complicated, Inefficient, Unfair With 7 Brackets — Two Party Tax Tyranny — Fair Tax Less The Answer — Simple, Fair, Efficient and Replaces All Federal Tax With A Single Broadbased Consumption Spending Tax — VideosSee the source imageSee the source imageSee the source image

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The tax plan took another step toward passage Monday, when Maine Republican Sen. Susan Collins, who had been on the fence, said she would support the bill. Mr. Trump plans to sign the bill later this week.

Trump administration officials argue the business tax cuts will help individuals, too, because it will induce companies to hire more and boost workers’ wages.

“I don’t think it necessarily changes my life one way or another,” said Lisa Joles of Concord, Ohio, who runs the heat and air-conditioning repair shop her parents started in the 1970s. Her business brought in about $1.5 million this past year, and she takes home about $50,000 a year. “It could give me or someone else in the middle class that little bit of extra money that they may go out and spend, and it may boost the economy, but I almost feel like that would be a short-term effect.”

The muted reaction is consistent with polls showing that the tax cuts aren’t very popular. A Quinnipiac University poll released last week found that 55% of those surveyed disapprove of the tax plan, compared with 26% who support it. Republicans were the only group who supported the tax plan, with the support of 66%.

Biggest Benefits to Biggest Earners

Taxpayers earning $500,000 or more a year would see the biggest cuts in average tax rates under the Republican tax plan, while lower-income households would see smaller cuts in the early years of the decade and then petering out or reversing as tax cuts expire.

Average federal tax rates for these income categories would be cut by 1.4 to 3.1 percentage points at the outset before returning to about where they would be under current law.

Rates for lower-income households would see smaller decreases and by 2027 would actually be higher than under existing tax policy because the individual tax cuts largely

expire after 2025.

Note: For all federal taxes, including payroll taxes and corporate taxes, but excluding the estate tax. Some of the changes are due to the repeal of the mandate to have health insurance.

Source: Joint Committee on Taxation

Many households are still weighing how the complicated plan will affect them. The plan recasts many features of the individual tax code—doubling a child tax credit and the standard deduction for households, while narrowing deductions for state and local taxes, mortgages and the personal exemption. That means it will play out differently for many, depending on factors such as whether they live in high-tax states, have big mortgages or have many children.

Cory Dahl, 59, a pastor who lives in Sturgeon Bay, Wis., said that even though a few extra hundred dollars a year won’t make much difference, he is happy to get it. “Five hundred dollars is not a ton of money, but I’d rather have it in my bank account than in my tax payment,” he said.

Mr. Dahl has taken the standard deduction in recent years, and he lives in a church-owned home, so he has no mortgage. He thinks raising the standard deduction will help middle-class households like his.

His niece, Katie Dahl, who lives 20 miles away in Baileys Harbor, Wis., is apprehensive. She said her biggest concern is the repeal of the Affordable Care Act requirement that individuals buy health insurance. Both Ms. Dahl, 34, and her husband, Rich Higdon, who is a musician and a potter, rely on the ACA exchange for a heavily subsidized health-insurance plan. They pay $12 a month for a silver-level plan that covers both of them. With an income of about $41,000 a year, Ms. Dahl says the ACA has made them both confident that they could survive as self-employed artists.

“I’m worried what the mandate will do to premiums, and if it will go so far as to start the unraveling of Obamacare, which has been a big boon to us financially,” she said.

 While the middle class as a whole will see benefits, some people will end up worse off. Using an alternative measure of household income, the Tax Policy Center found that of those households in the very middle of the income distribution, making $48,600 to $86,100 a year, 91.3% would receive a tax cut next year. But 7.3% would receive a tax increase. By 2025, 10.9% would receive a tax increase.

Many taxpayers are worried that they will fall into that latter group. Jon Rose, 45, who runs a car-detailing shop in Carlisle, Pa., could see a cut from his current top tax rate of 25% because he runs an S corporation, a pass-through business that is eligible for a 20% deduction from business income if it meets certain conditions. His accountant told him he would likely save about $3,000 as a result of tax changes. The problem, he said, is that his accountant also said he has about $16,000 worth of personal exemptions that he would no longer be able to claim.

It’s Taxmas! The Winners and Losers of the GOP Tax Bill
WSJ’s Richard Rubin takes us to a weird, wacky Santa’s workshop to explain who’s getting Christmas presents and who’s getting coal with the GOP tax bill. Photo/Illustration: Adam Falk/The Wall Street Journal

Congress has raised the child-tax credit to $2,000 a child, but he was even dubious about how much that would help him. “I only have two kids, it’s not like I have 16,” said Mr. Rose, whose wife is a high-school teacher. “It doesn’t sound great.”

He said that if he somehow ends up saving an extra $500 or even $1,000, that wouldn’t mean too much to him. “I wouldn’t even notice,” he said. “It wouldn’t make any difference, especially if it’s just coming out gradually over time. If it’s $1,000, it’s $40 a paycheck. That’s dinner.”

Corrections & Amplifications 
An earlier version of this article incorrectly reported that middle-income households would receive $144 billion in total tax cuts over a decade under the Republican tax plan, or 10% of the total net tax cut. It also incorrectly reported that affluent households making more than $500,000 would receive $171 billion in total tax cuts over a decade. Those calculations were based on an incorrect reading of tables released Monday by the Joint Committee on Taxation. The article also incorrectly reported that households making $500,000 or more comprise 6% of total filers. They comprise 1% of total filers.

write to Siobhan Hughes at siobhan.hughes@wsj.com and Shayndi Raice at shayndi.raice@wsj.com

Appeared in the December 19, 2017, print edition as ‘Tax Cuts’ Impact Assessed.’

https://www.wsj.com/articles/middle-class-to-get-23-of-tax-cuts-for-individuals-under-gop-bill-1513644268?tesla=y

The brutal reviews for the GOP tax bill are piling up

Poll: Majority oppose GOP tax bill

A strong majority of polled voters oppose the Republican tax bill passed by the Senate earlier this month, a new poll finds.

The latest Harvard CAPS-Harris survey found that 64 percent of respondents oppose the bill. While 72 percent of Republicans support the GOP’s tax reform efforts, 89 percent of Democrats and 70 percent of independents oppose it.

Many respondents — 34 percent — believe the bill will raise their taxes, while 23 percent said they don’t believe it would impact them, and 21 percent said they believed it would result in a lower personal tax bill.

House and Senate negotiators struck an “agreement in principle” on Tuesday for a tax overhaul after each of the chambers passed their own versions of tax reform earlier this month.

While a majority oppose the GOP tax bill, a finding in line with other polls, Harvard CAPS-Harris co-director Mark Penn noted that the poll finds more support when people are asked about some of its specific provisions.

There is broad support for reducing the overall individual tax rate, for example, and 60 percent of voters support eliminating the mandate that requires people to buy health insurance or pay a penalty.The final version of the bill is expected to lower the top individual rate from 39.6 percent to 37 percent.

But a majority oppose lowering the corporate tax rate — the bill’s signature issue. The bill is expected to reduce the corporate tax rate from 35 percent to 21 percent under the House-Senate conference agreement that has tentatively been reached.

Fifty-nine percent of voters oppose lowering the corporate tax rate from 35 percent, the poll found.

Republicans argue cutting the corporate rate will unshackle an economy they say has been stagnant and create jobs.

Among the provisions that have majority support: The GOP bill will nearly double standard deductions for individuals; double the child tax credit from $1,000 to $2,000; cut the tax rate on small businesses; reduce overall tax rates for individuals; eliminate the ObamaCare mandate; and get rid of the alternative minimum tax for most people, while keeping it for companies.

Harvard CAPS-Harris asked voters about each of these provisions and found majority support.

Among the provisions that a majority oppose: Eliminating deductions for state and local taxes beyond $10,000 of local property taxes; doubling the exemption for the estate tax while leaving it in place for large estates; and significantly lowering the corporate tax rate.

When voters are told about each of those specific provisions in the bill, support for the bill goes up to 51 percent, with 49 percent opposing — a finding that could give some comfort to GOP lawmakers.

“While two thirds initially say they oppose the bill, that flips to 51 percent support after [being] read a full list of its features, suggesting the Republicans are losing the spin war but not necessarily the policy war,” said Penn.

However, voters polled were told the bill would not make any changes to the popular mortgage interest deduction, which is now likely to be capped at $750,000.

As it stands, most voters say the bill does not cut taxes enough on the middle class and that it cuts taxes too much for companies.

In addition, a plurality said the tax cuts would have a large impact on the federal deficit, while having only a small effect on economic growth.

“The public would like the final bill to do more for individuals and small business and less for big business,” said Penn. “They have concern over the deficit increases but that again all but evaporates once they are told the overall size of federal expenditures in the next decade is $43 trillion. Overall, the public supports lower taxes and lower government spending.”

The Harvard CAPS-Harris Poll online survey of 1,989 registered voters was conducted Dec. 8-11. The partisan breakdown is 36 percent Democrat, 32 percent Republican, 29 percent independent and 4 percent other.

The Harvard CAPS-Harris Poll survey is an online sample drawn from the Harris Panel and weighted to reflect known demographics. As a representative online sample, it does not report a probability confidence interval.

http://thehill.com/homenews/administration/364781-poll-majority-oppose-gop-tax-bill

The Internal Revenue Service has recently released new data on individual income taxes for calendar year 2014, showing the number of taxpayers, adjusted gross income, and income tax shares by income percentiles.[1]

The data demonstrates that the U.S. individual income tax continues to be very progressive, borne mainly by the highest income earners.

  • In 2014, 139.6 million taxpayers reported earning $9.71 trillion in adjusted gross income and paid $1.37 trillion in individual income taxes.
  • The share of income earned by the top 1 percent of taxpayers rose to 20.6 percent in 2014. Their share of federal individual income taxes also rose, to 39.5 percent.
  • In 2014, the top 50 percent of all taxpayers paid 97.3 percent of all individual income taxes while the bottom 50 percent paid the remaining 2.7 percent.
  • The top 1 percent paid a greater share of individual income taxes (39.5 percent) than the bottom 90 percent combined (29.1 percent).
  • The top 1 percent of taxpayers paid a 27.1 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.5 percent).

Reported Income and Taxes Paid Both Increased Significantly in 2014

Taxpayers reported $9.71 trillion in adjusted gross income (AGI) on 139.5 million tax returns in 2014. Total AGI grew by $675 billion from the previous year’s levels. There were 1.2 million more returns filed in 2014 than in 2013, meaning that average AGI rose by $4,252 per return, or 6.5 percent.

Meanwhile, taxpayers paid $1.37 trillion in individual income taxes in 2014, an 11.5 percent increase from taxes paid in the previous year. The average individual income tax rate for all taxpayers rose from 13.64 percent to 14.16 percent. Moreover, the average tax rate increased for all income groups, except for the top 0.1 percent of taxpayers, whose average rate decreased from 27.91 percent to 27.67 percent.

The most likely explanation behind the higher tax rates in 2014 is a phenomenon known as “real bracket creep.” [2] As incomes rise, households are pushed into higher tax brackets, and are subject to higher overall tax rates on their income. On the other hand, the likely reason why the top 0.1 percent of households saw a slightly lower tax rate in 2014 is because a higher portion of their income consisted of long-term capital gains, which are subject to lower tax rates.[3]

The share of income earned by the top 1 percent rose to 20.58 percent of total AGI, up from 19.04 percent in 2013. The share of the income tax burden for the top 1 percent also rose, from 37.80 percent in 2013 to 39.48 percent in 2014.

Top 1% Top 5% Top 10% Top 25% Top 50% Bottom 50% All Taxpayers
Table 1. Summary of Federal Income Tax Data, 2014
Number of Returns 1,395,620 6,978,102 13,956,203 34,890,509 69,781,017 69,781,017 139,562,034
Adjusted Gross Income ($ millions) $1,997,819 $3,490,867 $4,583,416 $6,690,287 $8,614,544 $1,094,119 $9,708,663
Share of Total Adjusted Gross Income 20.58% 35.96% 47.21% 68.91% 88.73% 11.27% 100.00%
Income Taxes Paid ($ millions) $542,640 $824,153 $974,124 $1,192,679 $1,336,637 $37,740 $1,374,379
Share of Total Income Taxes Paid 39.48% 59.97% 70.88% 86.78% 97.25% 2.75% 100.00%
Income Split Point $465,626 $188,996 $133,445 $77,714 $38,173
Average Tax Rate 27.16% 23.61% 21.25% 17.83% 15.52% 3.45% 14.16%
 Note: Does not include dependent filers

High-Income Americans Paid the Majority of Federal Taxes

In 2014, the bottom 50 percent of taxpayers (those with AGIs below $38,173) earned 11.27 percent of total AGI. This group of taxpayers paid approximately $38 billion in taxes, or 2.75 percent of all income taxes in 2014.

In contrast, the top 1 percent of all taxpayers (taxpayers with AGIs of $465,626 and above) earned 20.58 percent of all AGI in 2014, but paid 39.48 percent of all federal income taxes.

In 2014, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid $543 billion, or 39.48 percent of all income taxes, while the bottom 90 percent paid $400 billion, or 29.12 percent of all income taxes.

Figure 1.

High-Income Taxpayers Pay the Highest Average Tax Rates

The 2014 IRS data shows that taxpayers with higher incomes pay much higher average individual income tax rates than lower-income taxpayers.[4]

The bottom 50 percent of taxpayers (taxpayers with AGIs below $38,173) faced an average income tax rate of 3.45 percent. As household income increases, the IRS data shows that average income tax rates rise. For example, taxpayers with AGIs between the 10th and 5th percentile ($133,445 and $188,996) pay an average rate of 13.7 percent – almost four times the rate paid by those in the bottom 50 percent.

The top 1 percent of taxpayers (AGI of $465,626 and above) paid the highest effective income tax rate, at 27.2 percent, 7.9 times the rate faced by the bottom 50 percent of taxpayers.

Figure 2.

Taxpayers at the very top of the income distribution, the top 0.1 percent (with AGIs over $2.14 million), paid an even higher average tax rate, of 27.7 percent.

Appendix

Year Total Top 0.1% Top 1% Top
5%
Between
5% & 10%
Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 2. Number of Federal Individual Income Tax Returns Filed 1980–2014 (Thousands)
Source: Internal Revenue Service.
1980 93,239 932 4,662 4,662 9,324 13,986 23,310 23,310 46,619 46,619
1981 94,587 946 4,729 4,729 9,459 14,188 23,647 23,647 47,293 47,293
1982 94,426 944 4,721 4,721 9,443 14,164 23,607 23,607 47,213 47,213
1983 95,331 953 4,767 4,767 9,533 14,300 23,833 23,833 47,665 47,665
1984 98,436 984 4,922 4,922 9,844 14,765 24,609 24,609 49,218 49,219
1985 100,625 1,006 5,031 5,031 10,063 15,094 25,156 25,156 50,313 50,313
1986 102,088 1,021 5,104 5,104 10,209 15,313 25,522 25,522 51,044 51,044
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 106,155 1,062 5,308 5,308 10,615 15,923 26,539 26,539 53,077 53,077
1988 108,873 1,089 5,444 5,444 10,887 16,331 27,218 27,218 54,436 54,436
1989 111,313 1,113 5,566 5,566 11,131 16,697 27,828 27,828 55,656 55,656
1990 112,812 1,128 5,641 5,641 11,281 16,922 28,203 28,203 56,406 56,406
1991 113,804 1,138 5,690 5,690 11,380 17,071 28,451 28,451 56,902 56,902
1992 112,653 1,127 5,633 5,633 11,265 16,898 28,163 28,163 56,326 56,326
1993 113,681 1,137 5,684 5,684 11,368 17,052 28,420 28,420 56,841 56,841
1994 114,990 1,150 5,749 5,749 11,499 17,248 28,747 28,747 57,495 57,495
1995 117,274 1,173 5,864 5,864 11,727 17,591 29,319 29,319 58,637 58,637
1996 119,442 1,194 5,972 5,972 11,944 17,916 29,860 29,860 59,721 59,721
1997 121,503 1,215 6,075 6,075 12,150 18,225 30,376 30,376 60,752 60,752
1998 123,776 1,238 6,189 6,189 12,378 18,566 30,944 30,944 61,888 61,888
1999 126,009 1,260 6,300 6,300 12,601 18,901 31,502 31,502 63,004 63,004
2000 128,227 1,282 6,411 6,411 12,823 19,234 32,057 32,057 64,114 64,114
The IRS changed methodology, so data above and below this line not strictly comparable
2001 119,371 119 1,194 5,969 5,969 11,937 17,906 29,843 29,843 59,685 59,685
2002 119,851 120 1,199 5,993 5,993 11,985 17,978 29,963 29,963 59,925 59,925
2003 120,759 121 1,208 6,038 6,038 12,076 18,114 30,190 30,190 60,379 60,379
2004 122,510 123 1,225 6,125 6,125 12,251 18,376 30,627 30,627 61,255 61,255
2005 124,673 125 1,247 6,234 6,234 12,467 18,701 31,168 31,168 62,337 62,337
2006 128,441 128 1,284 6,422 6,422 12,844 19,266 32,110 32,110 64,221 64,221
2007 132,655 133 1,327 6,633 6,633 13,265 19,898 33,164 33,164 66,327 66,327
2008 132,892 133 1,329 6,645 6,645 13,289 19,934 33,223 33,223 66,446 66,446
2009 132,620 133 1,326 6,631 6,631 13,262 19,893 33,155 33,155 66,310 66,310
2010 135,033 135 1,350 6,752 6,752 13,503 20,255 33,758 33,758 67,517 67,517
2011 136,586 137 1,366 6,829 6,829 13,659 20,488 34,146 34,146 68,293 68,293
2012 136,080 136 1,361 6,804 6,804 13,608 20,412 34,020 34,020 68,040 68,040
2013 138,313 138 1,383 6,916 6,916 13,831 20,747 34,578 34,578 69,157 69,157
2014 139,562 140 1,396 6,978 6,978 13,956 20,934 34,891 34,891 69,781 69,781
Year Total Top 0.1% Top 1% Top 5% Between 5% & 10% Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 3. Adjusted Gross Income of Taxpayers in Various Income Brackets, 1980–2014 ($Billions)
Source: Internal Revenue Service.
1980 $1,627 $138 $342 $181 $523 $400 $922 $417 $1,339 $288
1981 $1,791 $149 $372 $201 $573 $442 $1,015 $458 $1,473 $318
1982 $1,876 $167 $398 $207 $605 $460 $1,065 $478 $1,544 $332
1983 $1,970 $183 $428 $217 $646 $481 $1,127 $498 $1,625 $344
1984 $2,173 $210 $482 $240 $723 $528 $1,251 $543 $1,794 $379
1985 $2,344 $235 $531 $260 $791 $567 $1,359 $580 $1,939 $405
1986 $2,524 $285 $608 $278 $887 $604 $1,490 $613 $2,104 $421
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 $2,814 $347 $722 $316 $1,038 $671 $1,709 $664 $2,374 $440
1988 $3,124 $474 $891 $342 $1,233 $718 $1,951 $707 $2,658 $466
1989 $3,299 $468 $918 $368 $1,287 $768 $2,054 $751 $2,805 $494
1990 $3,451 $483 $953 $385 $1,338 $806 $2,144 $788 $2,933 $519
1991 $3,516 $457 $943 $400 $1,343 $832 $2,175 $809 $2,984 $532
1992 $3,681 $524 $1,031 $413 $1,444 $856 $2,299 $832 $3,131 $549
1993 $3,776 $521 $1,048 $426 $1,474 $883 $2,358 $854 $3,212 $563
1994 $3,961 $547 $1,103 $449 $1,552 $929 $2,481 $890 $3,371 $590
1995 $4,245 $620 $1,223 $482 $1,705 $985 $2,690 $938 $3,628 $617
1996 $4,591 $737 $1,394 $515 $1,909 $1,043 $2,953 $992 $3,944 $646
1997 $5,023 $873 $1,597 $554 $2,151 $1,116 $3,268 $1,060 $4,328 $695
1998 $5,469 $1,010 $1,797 $597 $2,394 $1,196 $3,590 $1,132 $4,721 $748
1999 $5,909 $1,153 $2,012 $641 $2,653 $1,274 $3,927 $1,199 $5,126 $783
2000 $6,424 $1,337 $2,267 $688 $2,955 $1,358 $4,314 $1,276 $5,590 $834
The IRS changed methodology, so data above and below this line not strictly comparable
2001 $6,116 $492 $1,065 $1,934 $666 $2,600 $1,334 $3,933 $1,302 $5,235 $881
2002 $5,982 $421 $960 $1,812 $660 $2,472 $1,339 $3,812 $1,303 $5,115 $867
2003 $6,157 $466 $1,030 $1,908 $679 $2,587 $1,375 $3,962 $1,325 $5,287 $870
2004 $6,735 $615 $1,279 $2,243 $725 $2,968 $1,455 $4,423 $1,403 $5,826 $908
2005 $7,366 $784 $1,561 $2,623 $778 $3,401 $1,540 $4,940 $1,473 $6,413 $953
2006 $7,970 $895 $1,761 $2,918 $841 $3,760 $1,652 $5,412 $1,568 $6,980 $990
2007 $8,622 $1,030 $1,971 $3,223 $905 $4,128 $1,770 $5,898 $1,673 $7,571 $1,051
2008 $8,206 $826 $1,657 $2,868 $905 $3,773 $1,782 $5,555 $1,673 $7,228 $978
2009 $7,579 $602 $1,305 $2,439 $878 $3,317 $1,740 $5,058 $1,620 $6,678 $900
2010 $8,040 $743 $1,517 $2,716 $915 $3,631 $1,800 $5,431 $1,665 $7,096 $944
2011 $8,317 $737 $1,556 $2,819 $956 $3,775 $1,866 $5,641 $1,716 $7,357 $961
2012 $9,042 $1,017 $1,977 $3,331 $997 $4,328 $1,934 $6,262 $1,776 $8,038 $1,004
2013 $9,034 $816 $1,720 $3,109 $1,034 $4,143 $2,008 $6,152 $1,844 $7,996 $1,038
2014 $9,709 $986 $1,998 $3,491 $1,093 $4,583 $2,107 $6,690 $1,924 $8,615 $1,094
Year Total Top 0.1% Top 1% Top 5% Between 5% & 10% Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 4. Total Income Tax after Credits, 1980–2014 ($Billions)
Source: Internal Revenue Service.
1980 $249 $47 $92 $31 $123 $59 $182 $50 $232 $18
1981 $282 $50 $99 $36 $135 $69 $204 $57 $261 $21
1982 $276 $53 $100 $34 $134 $66 $200 $56 $256 $20
1983 $272 $55 $101 $34 $135 $64 $199 $54 $252 $19
1984 $297 $63 $113 $37 $150 $68 $219 $57 $276 $22
1985 $322 $70 $125 $41 $166 $73 $238 $60 $299 $23
1986 $367 $94 $156 $44 $201 $78 $279 $64 $343 $24
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 $369 $92 $160 $46 $205 $79 $284 $63 $347 $22
1988 $413 $114 $188 $48 $236 $85 $321 $68 $389 $24
1989 $433 $109 $190 $51 $241 $93 $334 $73 $408 $25
1990 $447 $112 $195 $52 $248 $97 $344 $77 $421 $26
1991 $448 $111 $194 $56 $250 $96 $347 $77 $424 $25
1992 $476 $131 $218 $58 $276 $97 $374 $78 $452 $24
1993 $503 $146 $238 $60 $298 $101 $399 $80 $479 $24
1994 $535 $154 $254 $64 $318 $108 $425 $84 $509 $25
1995 $588 $178 $288 $70 $357 $115 $473 $88 $561 $27
1996 $658 $213 $335 $76 $411 $124 $535 $95 $630 $28
1997 $727 $241 $377 $82 $460 $134 $594 $102 $696 $31
1998 $788 $274 $425 $88 $513 $139 $652 $103 $755 $33
1999 $877 $317 $486 $97 $583 $150 $733 $109 $842 $35
2000 $981 $367 $554 $106 $660 $164 $824 $118 $942 $38
The IRS changed methodology, so data above and below this line not strictly comparable
2001 $885 $139 $294 $462 $101 $564 $158 $722 $120 $842 $43
2002 $794 $120 $263 $420 $93 $513 $143 $657 $104 $761 $33
2003 $746 $115 $251 $399 $85 $484 $133 $617 $98 $715 $30
2004 $829 $142 $301 $467 $91 $558 $137 $695 $102 $797 $32
2005 $932 $176 $361 $549 $98 $647 $145 $793 $106 $898 $33
2006 $1,020 $196 $402 $607 $108 $715 $157 $872 $113 $986 $35
2007 $1,112 $221 $443 $666 $117 $783 $170 $953 $122 $1,075 $37
2008 $1,029 $187 $386 $597 $115 $712 $168 $880 $117 $997 $32
2009 $863 $146 $314 $502 $101 $604 $146 $749 $93 $842 $21
2010 $949 $170 $355 $561 $110 $670 $156 $827 $100 $927 $22
2011 $1,043 $168 $366 $589 $123 $712 $181 $893 $120 $1,012 $30
2012 $1,185 $220 $451 $699 $133 $831 $193 $1,024 $128 $1,152 $33
2013 $1,232 $228 $466 $721 $139 $860 $203 $1,063 $135 $1,198 $34
2014 $1,374 $273 $543 $824 $150 $974 $219 $1,193 $144 $1,337 $38
Year Total Top 0.1% Top 1% Top 5% Between 5% & 10% Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 5. Adjusted Gross Income Shares, 1980–2014 (percent of total AGI earned by each group)
Source: Internal Revenue Service.
1980 100% 8.46% 21.01% 11.12% 32.13% 24.57% 56.70% 25.62% 82.32% 17.68%
1981 100% 8.30% 20.78% 11.20% 31.98% 24.69% 56.67% 25.59% 82.25% 17.75%
1982 100% 8.91% 21.23% 11.03% 32.26% 24.53% 56.79% 25.50% 82.29% 17.71%
1983 100% 9.29% 21.74% 11.04% 32.78% 24.44% 57.22% 25.30% 82.52% 17.48%
1984 100% 9.66% 22.19% 11.06% 33.25% 24.31% 57.56% 25.00% 82.56% 17.44%
1985 100% 10.03% 22.67% 11.10% 33.77% 24.21% 57.97% 24.77% 82.74% 17.26%
1986 100% 11.30% 24.11% 11.02% 35.12% 23.92% 59.04% 24.30% 83.34% 16.66%
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 100% 12.32% 25.67% 11.23% 36.90% 23.85% 60.75% 23.62% 84.37% 15.63%
1988 100% 15.16% 28.51% 10.94% 39.45% 22.99% 62.44% 22.63% 85.07% 14.93%
1989 100% 14.19% 27.84% 11.16% 39.00% 23.28% 62.28% 22.76% 85.04% 14.96%
1990 100% 14.00% 27.62% 11.15% 38.77% 23.36% 62.13% 22.84% 84.97% 15.03%
1991 100% 12.99% 26.83% 11.37% 38.20% 23.65% 61.85% 23.01% 84.87% 15.13%
1992 100% 14.23% 28.01% 11.21% 39.23% 23.25% 62.47% 22.61% 85.08% 14.92%
1993 100% 13.79% 27.76% 11.29% 39.05% 23.40% 62.45% 22.63% 85.08% 14.92%
1994 100% 13.80% 27.85% 11.34% 39.19% 23.45% 62.64% 22.48% 85.11% 14.89%
1995 100% 14.60% 28.81% 11.35% 40.16% 23.21% 63.37% 22.09% 85.46% 14.54%
1996 100% 16.04% 30.36% 11.23% 41.59% 22.73% 64.32% 21.60% 85.92% 14.08%
1997 100% 17.38% 31.79% 11.03% 42.83% 22.22% 65.05% 21.11% 86.16% 13.84%
1998 100% 18.47% 32.85% 10.92% 43.77% 21.87% 65.63% 20.69% 86.33% 13.67%
1999 100% 19.51% 34.04% 10.85% 44.89% 21.57% 66.46% 20.29% 86.75% 13.25%
2000 100% 20.81% 35.30% 10.71% 46.01% 21.15% 67.15% 19.86% 87.01% 12.99%
The IRS changed methodology, so data above and below this line not strictly comparable
2001 100% 8.05% 17.41% 31.61% 10.89% 42.50% 21.80% 64.31% 21.29% 85.60% 14.40%
2002 100% 7.04% 16.05% 30.29% 11.04% 41.33% 22.39% 63.71% 21.79% 85.50% 14.50%
2003 100% 7.56% 16.73% 30.99% 11.03% 42.01% 22.33% 64.34% 21.52% 85.87% 14.13%
2004 100% 9.14% 18.99% 33.31% 10.77% 44.07% 21.60% 65.68% 20.83% 86.51% 13.49%
2005 100% 10.64% 21.19% 35.61% 10.56% 46.17% 20.90% 67.07% 19.99% 87.06% 12.94%
2006 100% 11.23% 22.10% 36.62% 10.56% 47.17% 20.73% 67.91% 19.68% 87.58% 12.42%
2007 100% 11.95% 22.86% 37.39% 10.49% 47.88% 20.53% 68.41% 19.40% 87.81% 12.19%
2008 100% 10.06% 20.19% 34.95% 11.03% 45.98% 21.71% 67.69% 20.39% 88.08% 11.92%
2009 100% 7.94% 17.21% 32.18% 11.59% 43.77% 22.96% 66.74% 21.38% 88.12% 11.88%
2010 100% 9.24% 18.87% 33.78% 11.38% 45.17% 22.38% 67.55% 20.71% 88.26% 11.74%
2011 100% 8.86% 18.70% 33.89% 11.50% 45.39% 22.43% 67.82% 20.63% 88.45% 11.55%
2012 100% 11.25% 21.86% 36.84% 11.03% 47.87% 21.39% 69.25% 19.64% 88.90% 11.10%
2013 100% 9.03% 19.04% 34.42% 11.45% 45.87% 22.23% 68.10% 20.41% 88.51% 11.49%
2014 100% 10.16% 20.58% 35.96% 11.25% 47.21% 21.70% 68.91% 19.82% 88.73% 11.27%
Year Total Top 0.1% Top 1% Top 5% Between 5% & 10% Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 6. Total Income Tax Shares, 1980–2014 (percent of federal income tax paid by each group)
Source: Internal Revenue Service.
1980 100% 19.05% 36.84% 12.44% 49.28% 23.74% 73.02% 19.93% 92.95% 7.05%
1981 100% 17.58% 35.06% 12.90% 47.96% 24.33% 72.29% 20.26% 92.55% 7.45%
1982 100% 19.03% 36.13% 12.45% 48.59% 23.91% 72.50% 20.15% 92.65% 7.35%
1983 100% 20.32% 37.26% 12.44% 49.71% 23.39% 73.10% 19.73% 92.83% 7.17%
1984 100% 21.12% 37.98% 12.58% 50.56% 22.92% 73.49% 19.16% 92.65% 7.35%
1985 100% 21.81% 38.78% 12.67% 51.46% 22.60% 74.06% 18.77% 92.83% 7.17%
1986 100% 25.75% 42.57% 12.12% 54.69% 21.33% 76.02% 17.52% 93.54% 6.46%
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 100% 24.81% 43.26% 12.35% 55.61% 21.31% 76.92% 17.02% 93.93% 6.07%
1988 100% 27.58% 45.62% 11.66% 57.28% 20.57% 77.84% 16.44% 94.28% 5.72%
1989 100% 25.24% 43.94% 11.85% 55.78% 21.44% 77.22% 16.94% 94.17% 5.83%
1990 100% 25.13% 43.64% 11.73% 55.36% 21.66% 77.02% 17.16% 94.19% 5.81%
1991 100% 24.82% 43.38% 12.45% 55.82% 21.46% 77.29% 17.23% 94.52% 5.48%
1992 100% 27.54% 45.88% 12.12% 58.01% 20.47% 78.48% 16.46% 94.94% 5.06%
1993 100% 29.01% 47.36% 11.88% 59.24% 20.03% 79.27% 15.92% 95.19% 4.81%
1994 100% 28.86% 47.52% 11.93% 59.45% 20.10% 79.55% 15.68% 95.23% 4.77%
1995 100% 30.26% 48.91% 11.84% 60.75% 19.62% 80.36% 15.03% 95.39% 4.61%
1996 100% 32.31% 50.97% 11.54% 62.51% 18.80% 81.32% 14.36% 95.68% 4.32%
1997 100% 33.17% 51.87% 11.33% 63.20% 18.47% 81.67% 14.05% 95.72% 4.28%
1998 100% 34.75% 53.84% 11.20% 65.04% 17.65% 82.69% 13.10% 95.79% 4.21%
1999 100% 36.18% 55.45% 11.00% 66.45% 17.09% 83.54% 12.46% 96.00% 4.00%
2000 100% 37.42% 56.47% 10.86% 67.33% 16.68% 84.01% 12.08% 96.09% 3.91%
The IRS changed methodology, so data above and below this line not strictly comparable
2001 100% 15.68% 33.22% 52.24% 11.44% 63.68% 17.88% 81.56% 13.54% 95.10% 4.90%
2002 100% 15.09% 33.09% 52.86% 11.77% 64.63% 18.04% 82.67% 13.12% 95.79% 4.21%
2003 100% 15.37% 33.69% 53.54% 11.35% 64.89% 17.87% 82.76% 13.17% 95.93% 4.07%
2004 100% 17.12% 36.28% 56.35% 10.96% 67.30% 16.52% 83.82% 12.31% 96.13% 3.87%
2005 100% 18.91% 38.78% 58.93% 10.52% 69.46% 15.61% 85.07% 11.35% 96.41% 3.59%
2006 100% 19.24% 39.36% 59.49% 10.59% 70.08% 15.41% 85.49% 11.10% 96.59% 3.41%
2007 100% 19.84% 39.81% 59.90% 10.51% 70.41% 15.30% 85.71% 10.93% 96.64% 3.36%
2008 100% 18.20% 37.51% 58.06% 11.14% 69.20% 16.37% 85.57% 11.33% 96.90% 3.10%
2009 100% 16.91% 36.34% 58.17% 11.72% 69.89% 16.85% 86.74% 10.80% 97.54% 2.46%
2010 100% 17.88% 37.38% 59.07% 11.55% 70.62% 16.49% 87.11% 10.53% 97.64% 2.36%
2011 100% 16.14% 35.06% 56.49% 11.77% 68.26% 17.36% 85.62% 11.50% 97.11% 2.89%
2012 100% 18.60% 38.09% 58.95% 11.22% 70.17% 16.25% 86.42% 10.80% 97.22% 2.78%
2013 100% 18.48% 37.80% 58.55% 11.25% 69.80% 16.47% 86.27% 10.94% 97.22% 2.78%
2014 100% 19.85% 39.48% 59.97% 10.91% 70.88% 15.90% 86.78% 10.47% 97.25% 2.75%
Year Total Top 1% Top 5% Top 10% Top 25% Top 50%
Table 7. Dollar Cut-Off, 1980–2014 (Minimum AGI for Tax Returns to Fall into Various Percentiles; Thresholds Not Adjusted for Inflation)
1980 $80,580 $43,792 $35,070 $23,606 $12,936
1981 $85,428 $47,845 $38,283 $25,655 $14,000
1982 $89,388 $49,284 $39,676 $27,027 $14,539
1983 $93,512 $51,553 $41,222 $27,827 $15,044
1984 $100,889 $55,423 $43,956 $29,360 $15,998
1985 $108,134 $58,883 $46,322 $30,928 $16,688
1986 $118,818 $62,377 $48,656 $32,242 $17,302
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 $139,289 $68,414 $52,921 $33,983 $17,768
1988 $157,136 $72,735 $55,437 $35,398 $18,367
1989 $163,869 $76,933 $58,263 $36,839 $18,993
1990 $167,421 $79,064 $60,287 $38,080 $19,767
1991 $170,139 $81,720 $61,944 $38,929 $20,097
1992 $181,904 $85,103 $64,457 $40,378 $20,803
1993 $185,715 $87,386 $66,077 $41,210 $21,179
1994 $195,726 $91,226 $68,753 $42,742 $21,802
1995 $209,406 $96,221 $72,094 $44,207 $22,344
1996 $227,546 $101,141 $74,986 $45,757 $23,174
1997 $250,736 $108,048 $79,212 $48,173 $24,393
1998 $269,496 $114,729 $83,220 $50,607 $25,491
1999 $293,415 $120,846 $87,682 $52,965 $26,415
2000 $313,469 $128,336 $92,144 $55,225 $27,682
The IRS changed methodology, so data above and below this line not strictly comparable
2001 $1,393,718 $306,635 $132,082 $96,151 $59,026 $31,418
2002 $1,245,352 $296,194 $130,750 $95,699 $59,066 $31,299
2003 $1,317,088 $305,939 $133,741 $97,470 $59,896 $31,447
2004 $1,617,918 $339,993 $140,758 $101,838 $62,794 $32,622
2005 $1,938,175 $379,261 $149,216 $106,864 $64,821 $33,484
2006 $2,124,625 $402,603 $157,390 $112,016 $67,291 $34,417
2007 $2,251,017 $426,439 $164,883 $116,396 $69,559 $35,541
2008 $1,867,652 $392,513 $163,512 $116,813 $69,813 $35,340
2009 $1,469,393 $351,968 $157,342 $114,181 $68,216 $34,156
2010 $1,634,386 $369,691 $161,579 $116,623 $69,126 $34,338
2011 $1,717,675 $388,905 $167,728 $120,136 $70,492 $34,823
2012 $2,161,175 $434,682 $175,817 $125,195 $73,354 $36,055
2013 $1,860,848 $428,713 $179,760 $127,695 $74,955 $36,841
2014 $2,136,762 $465,626 $188,996 $133,445 $77,714 $38,173
Source: Internal Revenue Service.
Year Total Top 0.1% Top 1% Top 5% Between 5% & 10% Top 10% Between 10% & 25% Top 25% Between 25% & 50% Top 50% Bottom 50%
Table 8. Average Tax Rate, 1980–2014 (Percent of AGI Paid in Income Taxes)
Source: Internal Revenue Service.
1980 15.31% 34.47% 26.85% 17.13% 23.49% 14.80% 19.72% 11.91% 17.29% 6.10%
1981 15.76% 33.37% 26.59% 18.16% 23.64% 15.53% 20.11% 12.48% 17.73% 6.62%
1982 14.72% 31.43% 25.05% 16.61% 22.17% 14.35% 18.79% 11.63% 16.57% 6.10%
1983 13.79% 30.18% 23.64% 15.54% 20.91% 13.20% 17.62% 10.76% 15.52% 5.66%
1984 13.68% 29.92% 23.42% 15.57% 20.81% 12.90% 17.47% 10.48% 15.35% 5.77%
1985 13.73% 29.86% 23.50% 15.69% 20.93% 12.83% 17.55% 10.41% 15.41% 5.70%
1986 14.54% 33.13% 25.68% 15.99% 22.64% 12.97% 18.72% 10.48% 16.32% 5.63%
The Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable
1987 13.12% 26.41% 22.10% 14.43% 19.77% 11.71% 16.61% 9.45% 14.60% 5.09%
1988 13.21% 24.04% 21.14% 14.07% 19.18% 11.82% 16.47% 9.60% 14.64% 5.06%
1989 13.12% 23.34% 20.71% 13.93% 18.77% 12.08% 16.27% 9.77% 14.53% 5.11%
1990 12.95% 23.25% 20.46% 13.63% 18.50% 12.01% 16.06% 9.73% 14.36% 5.01%
1991 12.75% 24.37% 20.62% 13.96% 18.63% 11.57% 15.93% 9.55% 14.20% 4.62%
1992 12.94% 25.05% 21.19% 13.99% 19.13% 11.39% 16.25% 9.42% 14.44% 4.39%
1993 13.32% 28.01% 22.71% 14.01% 20.20% 11.40% 16.90% 9.37% 14.90% 4.29%
1994 13.50% 28.23% 23.04% 14.20% 20.48% 11.57% 17.15% 9.42% 15.11% 4.32%
1995 13.86% 28.73% 23.53% 14.46% 20.97% 11.71% 17.58% 9.43% 15.47% 4.39%
1996 14.34% 28.87% 24.07% 14.74% 21.55% 11.86% 18.12% 9.53% 15.96% 4.40%
1997 14.48% 27.64% 23.62% 14.87% 21.36% 12.04% 18.18% 9.63% 16.09% 4.48%
1998 14.42% 27.12% 23.63% 14.79% 21.42% 11.63% 18.16% 9.12% 16.00% 4.44%
1999 14.85% 27.53% 24.18% 15.06% 21.98% 11.76% 18.66% 9.12% 16.43% 4.48%
2000 15.26% 27.45% 24.42% 15.48% 22.34% 12.04% 19.09% 9.28% 16.86% 4.60%
The IRS changed methodology, so data above and below this line not strictly comparable
2001 14.47% 28.17% 27.60% 23.91% 15.20% 21.68% 11.87% 18.35% 9.20% 16.08% 4.92%
2002 13.28% 28.48% 27.37% 23.17% 14.15% 20.76% 10.70% 17.23% 8.00% 14.87% 3.86%
2003 12.11% 24.60% 24.38% 20.92% 12.46% 18.70% 9.69% 15.57% 7.41% 13.53% 3.49%
2004 12.31% 23.06% 23.52% 20.83% 12.53% 18.80% 9.41% 15.71% 7.27% 13.68% 3.53%
2005 12.65% 22.48% 23.15% 20.93% 12.61% 19.03% 9.45% 16.04% 7.18% 14.01% 3.51%
2006 12.80% 21.94% 22.80% 20.80% 12.84% 19.02% 9.52% 16.12% 7.22% 14.12% 3.51%
2007 12.90% 21.42% 22.46% 20.66% 12.92% 18.96% 9.61% 16.16% 7.27% 14.19% 3.56%
2008 12.54% 22.67% 23.29% 20.83% 12.66% 18.87% 9.45% 15.85% 6.97% 13.79% 3.26%
2009 11.39% 24.28% 24.05% 20.59% 11.53% 18.19% 8.36% 14.81% 5.76% 12.61% 2.35%
2010 11.81% 22.84% 23.39% 20.64% 11.98% 18.46% 8.70% 15.22% 6.01% 13.06% 2.37%
2011 12.54% 22.82% 23.50% 20.89% 12.83% 18.85% 9.70% 15.82% 6.98% 13.76% 3.13%
2012 13.11% 21.67% 22.83% 20.97% 13.33% 19.21% 9.96% 16.35% 7.21% 14.33% 3.28%
2013 13.64% 27.91% 27.08% 23.20% 13.40% 20.75% 10.11% 17.28% 7.31% 14.98% 3.30%
2014 14.16% 27.67% 27.16% 23.61% 13.73% 21.25% 10.37% 17.83% 7.48% 15.52% 3.45%
  1. For data prior to 2001, all tax returns that have a positive AGI are included, even those that do not have a positive income tax liability. For data from 2001 forward, returns with negative AGI are also included, but dependent returns are excluded.
  2. Income tax after credits (the measure of “income taxes paid” above) does not account for the refundable portion of EITC. If it were included, the tax share of the top income groups would be higher. The refundable portion is classified as a spending program by the Office of Management and Budget and therefore is not included by the IRS in these figures.
  3. The only tax analyzed here is the federal individual income tax, which is responsible for more than 25 percent of the nation’s taxes paid (at all levels of government). Federal income taxes are much more progressive than federal payroll taxes, which are responsible for about 20 percent of all taxes paid (at all levels of government), and are more progressive than most state and local taxes.
  4. AGI is a fairly narrow income concept and does not include income items like government transfers (except for the portion of Social Security benefits that is taxed), the value of employer-provided health insurance, underreported or unreported income (most notably that of sole proprietors), income derived from municipal bond interest, net imputed rental income, and others.
  5. The unit of analysis here is that of the tax return. In the figures prior to 2001, some dependent returns are included. Under other units of analysis (like the Treasury Department’s Family Economic Unit), these returns would likely be paired with parents’ returns.
  6. These figures represent the legal incidence of the income tax. Most distributional tables (such as those from CBO, Tax Policy Center, Citizens for Tax Justice, the Treasury Department, and JCT) assume that the entire economic incidence of personal income taxes falls on the income earner.

[1] Individual Income Tax Rates and Tax Shares, Internal Revenue Service Statistics of Income, http://www.irs.gov/uac/SOI-Tax-Stats-Individual-Income-Tax-Rates-and-Tax-Shares.

[2] See Congressional Budget Office, The Budget and Economic Outlook: 2017 to 2027, Jan. 2017, https://www.cbo.gov/sites/default/files/115th-congress-2017-2018/reports/52370-outlook.pdf.

[3] There is strong reason to believe that capital gains realizations were unusually depressed in 2013, due to the increase in the top capital gains tax rate from 15 percent to 23.8 percent. In 2013, capital gains accounted for 26.6 percent of the income of taxpayers with over $1 million in AGI received, compared to 31.7 percent in 2014 (these calculations apply for net capital gains reported on Schedule D). Table 1.4, Publication 1304, “Individual Income Tax Returns 2014,” Internal Revenue Service, https://www.irs.gov/uac/soi-tax-stats-individual-income-tax-returns-publication-1304-complete-report.

[4] Here, “average income tax rate” is defined as income taxes paid divided by adjusted gross income.


 Download Summary of the Latest Federal Income Tax Data, 2016 Update (PDF) Download Summary of the Latest Federal Income Tax Data, 2016 Update (EXCEL)

PROFILES

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Charles Adams

WORKS PUBLISHED INThe Free MarketSpeeches and PresentationsMises Daily Article

Charles Adams (1930-2013) was an attorney in private practice and a specialist in international taxation. He wrote extensively on taxes and their impact on civilization, for outlets including the New York TimesWashington Post, and Wall Street Journal. He was also an adjunct scholar at the Mises Institute and the Cato Institute. Among other books he was the author of For Good and Evil: The Impact of Taxes on the Course of Civilization.

ALL WORKS

Those Dirty, Rotten Taxes

Big GovernmentTaxes and Spending

01/08/2009AUDIO/VIDEO
Sponsored by the Mises Institute and held in Newport Beach, California; January 24-25, 1997.

READ MORE

Resistance to Taxes: Then and Now

Taxes and SpendingU.S. History

12/20/2008AUDIO/VIDEO
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998. [24:03]

READ MORE

The Rocky Road of American Taxation

Taxes and SpendingU.S. HistoryWar and Foreign PolicyFiscal TheoryPolitical Theory

04/15/2006MISES DAILY ARTICLES
No modern revolution was deeper rooted in taxation than the revolt of the Thirteen Colonies in British North America, writes Charles Adams.

READ MORE

The Rich Won’t Be Soaked

Taxes and Spending

11/01/2004THE FREE MARKET
The middle classes have always been the only dependable source for taxes. If a government really wants revenue, that is where they have to go.

READ MORE

8. The Civil War

Taxes and SpendingU.S. HistoryWar and Foreign Policy

09/06/2004AUDIO/VIDEO
A tariff set the stage for the American Civil War. The quarrel between the North and the South was a fiscal quarrel, not a war over slavery. The tariff of 1828 was called the tariff of abomination. Nullification was a strong argument to void unconstitutional federal laws.
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Tyler Cowen — The Complacent Class: The Self-Defeating Quest for the American Dream — Marginal Revolution University — Videos

Posted on April 2, 2017. Filed under: American History, Blogroll, Books, College Courses Online Videos, Economics, Family, government spending, history, media, Non-Fiction, People, Philosophy, Photos, Politics, Resources, Strategy, Success, Unemployment, Video, Wealth, Welfare, Wisdom, Work, Writing | Tags: , , , , , , , , , , , |

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The Complacent Class (Episode 1/5)

The New Era of Segregation (Episode 2/5)

American Stasis (Episode 3/5)

The Missing Men (Episode 4/5)

Up Next:

 The Great Reset (Episode 5/5)

What might happen if our stagnating economy faces a crisis?

Tyler Cowen, “The Complacent Class”

The American Dream and the Complacent Class

Tyler Cowen, “The Complacent Class”

Tyler Cowen: The Great Stagnation

Peter Thiel (full) | Conversations with Tyler

Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic

TEDxEast – Tyler Cowen – The Great Stagnation

This video series accompanies Tyler Cowen’s new book The Complacent Class: The Self-Defeating Quest for the American Dream. The book is available in print and digital formats from Amazon, Barnes & Noble, and other book retailers.

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American Culture and Innovation

The pioneer spirit has defined American culture for hundreds of years. We’ve been willing to cross great distances, take big risks, and adapt to change in ways that have produced a dynamic economy. From Ben Franklin to Steve Jobs, innovation has been firmly rooted in American DNA and has positively changed the world.

What if that’s no longer true?

Over the next few weeks, join economist Tyler Cowen on an exploration of how we’re working harder than ever to avoid change and letting algorithms keep us a little too comfortable.

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What’s Marginal Revolution University?

We believe economics has the power to change the way you see the world.

Many of us can recall that first teacher that changed the way we saw the world. We’re aiming to recreate that experience everyday for millions worldwide, for free.

Marginal Revolution University is a nonprofit, online education platform for learning economics. Founded in 2012 by George Mason University professors Tyler Cowen and Alex Tabarrok, we have a small team operating both in Arlington, VA and remotely around the globe. Through engaging, high production quality videos on a variety of economics topics, we support teachers, students, and lifelong learners. Our goal is to help learners better understand the economic way of thinking. Several complete courses are available for free at MRUniversity.com that can be used alone or as a supplement to a traditional course.

We offer a full course on Principles of Microeconomics and are currently releasing Principles of Macroeconomics.

All of our materials are free to use in and out of the classroom.

Questions? Comments? Drop us a note at support@mruniversity.com.

Up Next:

5. The Great Reset

What might happen if our stagnating economy faces a crisis?

Looking for more like this? Check out some of our other popular videos:

“Tyler Cowen’s blog, Marginal Revolution, is the first thing I read every morning. And his brilliant new book, The Complacent Class, has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now.” – Malcolm Gladwell

Tyler Cowen on…

1. The Complacent Class

The Complacent Class by Tyler Cowen
Econ Duel: Will Machines Take Our Jobs?
Econ Duel: Will Machines Take Our Jobs?

This video series accompanies Tyler Cowen’s new book The Complacent Class: The Self-Defeating Quest for the American Dream. The book is available in print and digital formats from Amazon, Barnes & Noble, and other book retailers.

2. The New Era of Segregation

3. American Stasis

Tyler Cowen

From Wikipedia, the free encyclopedia
Tyler Cowen
Tyler Cowen 1.jpg
Born January 21, 1962 (age 55)
Bergen County, New Jersey, USA
Nationality American
Field Cultural economics
School or
tradition
Neoclassical economics
Influences Chicago School
Thomas Schelling
Carl Menger

Tyler Cowen (/ˈk.ən/; born January 21, 1962) is an American economist, philosopher, and writer, who is a professor at George Mason University, where he holds the Holbert C. Harris Chair of economics. He hosts a popular economics blog, Marginal Revolution, together with his co-author, Alex Tabarrok. Cowen and Tabarrok have also started the website Marginal Revolution University, a venture in online education.

Cowen writes the “Economic Scene” column for the New York Times, and since July 2016 has been a regular opinion columnist at Bloomberg View.[1] He also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly. He serves as general director of George Mason’s Mercatus Center, a university research center that focuses on the market economy.

In February 2011, Cowen received a nomination as one of the most influential economists in the last decade in a survey by The Economist.[2] He was ranked #72 among the “Top 100 Global Thinkers” in 2011 by Foreign Policy Magazine “for finding markets in everything.”[3]

Education and personal life

Cowen was born in Bergen County,[4] New Jersey. At 15, he became the youngest ever New Jersey state chess champion.[5][6]

He graduated from George Mason University with a bachelor of science degree in economics in 1983 and received his PhD in economics from Harvard University in 1987 with his thesis titled Essays in the theory of welfare economics. At Harvard, he was mentored by game theorist Thomas Schelling, the 2005 recipient of the Nobel Prize in Economics. He is married to Natasha Cowen, a lawyer.

Writings

Culture

The Los Angeles Times has described Cowen as “a man who can talk about Haitian voodoo flags, Iranian cinema, Hong Kong cuisine, Abstract Expressionism, Zairian music and Mexican folk art with seemingly equal facility.”[7] One of Cowen’s primary research interests is the economics of culture. He has written books on fame (What Price Fame?), art (In Praise of Commercial Culture), and cultural trade (Creative Destruction: How Globalization is Changing the World’s Cultures). In Markets and Cultural Voices, he relays how globalization is changing the world of three Mexican amate painters. Cowen argues that free markets change culture for the better, allowing them to evolve into something more people want. Other books include Public Goods and Market Failures, The Theory of Market Failure, Explorations in the New Monetary Economics, Risk and Business Cycles, Economic Welfare, and New Theories of Market Failure.

Recent books

Cowen followed the controversial success of his The Great Stagnation with An Economist Gets Lunch: New Rules for Everyday Foodies, “taking on food with equally provocative ideas.”[8]

The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better is a short, 15,000-word, take on the United States’ recent economic trajectory released in January 2011. Create Your Own Economy: The Path to Prosperity in a Disordered World was released in July 2009 (and rereleased in 2010, with the new title The Age of the Infovore: Succeeding in the Information Economy) and received favorable reviews from critics including Matthew Yglesias and Tim Harford.

In 2013, he published Average is Over, on the future of modern economies.

HIs most recent book, The Complacent Class: The Self-Defeating Quest for the American Dream (St. Martins Press, February 2017) discusses how the change that has moved America forward has stopped. According to Malcolm Gladwell, “His brilliant new book…has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now.”

New York Times columns

Cowen’s New York Times columns cover a wide range of issues, such as the 2008 financial crisis: “Too Few Regulations? No, Just Ineffective Ones”.

Dining guide

His dining guide for the DC area, “Tyler Cowen’s Ethnic Dining Guide,” was reprinted in the Food section of the Washington Post.

Political philosophy

Cowen has written papers in political philosophy and ethics: for example, he co-wrote a paper with the philosopher Derek Parfit, arguing against the social discount rate.[9] A recent paper has argued that the epistemic problem fails to refute consequentialist forms of argument.[10] Cowen has been described as a “libertarian bargainer,” a moderate libertarian[clarification needed] who can influence practical policy making.[11] In a 2007 article entitled “The Paradox of Libertarianism,” Cowen argued that libertarians “should embrace a world with growing wealth, growing positive liberty, and yes, growing government. We don’t have to favor the growth in government per se, but we do need to recognize that sometimes it is a package deal.”

Cowen endorsed bailouts in a March 2, 2009 column in the New York Times.[12]

In 2012, David Brooks called Cowen one of the most influential bloggers on the right, writing that he is among those who “start from broadly libertarian premises but do not apply them in a doctrinaire way.”[13]

In an August 2014 blog post, Cowen wrote, “Just to summarize, I generally favor much more immigration but not open borders, I am a liberal on most but not all social issues, and I am market-oriented on economic issues. On most current foreign policy issues I am genuinely agnostic as to what exactly we should do but skeptical that we are doing the right thing at the moment. I don’t like voting for either party or for third parties.”[14]

Attack

On March 26, 2014, Cowen was attacked while teaching “Law and Literature” in his classroom by Jonathan Pendleton, who tried to perform a “citizen’s arrest” of the professor and then pepper sprayed him.[15][16][17] A bystander intervened and Pendelton was detained and arrested shortly after by police. Cowen and his students reportedly suffered no lasting injuries. Pendelton reportedly believed that Cowen had “controlled his mind at a distance” and sexually harassed him.[17]

Publications

Books

Select journal articles

Select articles

References

  1. Jump up^ https://www.bloomberg.com/view/contributors/AS6n2t3d_iA/tyler-cowen
  2. Jump up^ “Economics’ most influential people”. Economist.com. February 1, 2011. Retrieved 2012-06-30.
  3. Jump up^ “The FP Top 100 Global Thinkers (#72 Tyler Cowan:For finding markets in everything)”. Foreign Policy. December 2011. Retrieved March 21, 2012.
  4. Jump up^ “Correction: Tyler Cowen”. Financial Times. London: Pearson. 29 December 2012. Retrieved 1 February 2014.
  5. Jump up^ “Interview with the Former “Youngest New Jersey Chess Champion,” Tyler Cowen”. Kenilworthchessclub.org. 2006-09-08. Retrieved 2012-06-30.
  6. Jump up^ New Jersey State Champions 1946 – Present New Jersey State Chess Federation, Official Site
  7. Jump up^ The joy of thinking globally, February 7, 2003, Daniel Akst, Los Angeles Times
  8. Jump up^ Cowen, Tyler (2012-04-12). “Penny Pleasance in The New York Journal of Books”. Nyjournalofbooks.com. Retrieved 2012-06-30.
  9. Jump up^ ‘Against the social discount rate’, Derek Parfit and Tyler Cowen, in Peter Laslett & James S. Fishkin (eds.) Justice between age groups and generations, Yale University Press: New Haven, 1992, pp. 144–161.
  10. Jump up^ The Epistemic Problem Does Not Refute Consequentialism, Tyler Cowen, Utilitas (2006), 18: 383–399
  11. Jump up^ Klein, Daniel B.Mere Libertarianism: Blending Hayek and Rothbard“. Reason Papers. Vol. 27: Fall 2004.
  12. Jump up^ Cowen, Tyler (March 1, 2009). “Message to Regulators: Bank Fix Needed Quickly”. New York Times.
  13. Jump up^ Brooks, David (2012-11-19). “The Conservative Future”. New York Times. Retrieved 28 November 2012.
  14. Jump up^ Cowen, Tyler (4 August 2014). “Matt Yglesias on Tyler Cowen”. Marginal Revolution. Retrieved 24 March 2017.
  15. Jump up^ Greenwood, Arin (2014-03-27). “Tyler Cowen Pepper Sprayed While Teaching Law School Class On Vigilantism”. Huffington Post.
  16. Jump up^ McNeal, Greg (2014-03-27). “Law Professor Pepper Sprayed During Class By Man Demanding A ‘Citizen’s Arrest'”. Forbes.
  17. ^ Jump up to:a b Weiner, Rachel (April 29, 2014). “Tyler Cowen’s attacker thought the professor was controlling his mind, Cowen testifies”. The Washington Post. Retrieved April 29, 2014.

External links

https://en.wikipedia.org/wiki/Tyler_Cowen

 

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