Taxes On A Million ($1,000,000) and One Hundred Thousand ($100,000) Dollar Income - A Historical Perspective 1913 to 2010

Income	$1,000,000			Income	$100,000
	Tax	Effective Tax Rate			Tax	Effective Tax Rate
Average	562,097	56.20%		Average	36,311	36.30%
Median	666,724	66.70%		Median	33,200	33.20%
High	914,820	91.50%		High	70,320	70.30%
Low	60,050	6.00%		Low	2,550	2.60%
Year				Year
2010	320,308	32.00%		2010	17,362	17.40%
2009	320,362	32.00%		2009	17,375	17.40%
2008	321,575	32.20%		2008	17,687	17.70%
2007	322,206	32.20%		2007	17,847	17.80%
2006	323,250	32.30%		2006	18,115	18.10%
2005	324,062	32.40%		2005	18,330	18.30%
2004	324,643	32.50%		2004	18,475	18.50%
2003	325,206	32.50%		2003	18,620	18.60%
2002	356,759	35.70%		2002	20,796	20.80%
2001	363,042	36.30%		2001	21,850	21.90%
2000	368,667	36.90%		2000	22,299	22.30%
1999	369,161	36.90%		1999	22,403	22.40%
1998	369,603	37.00%		1998	22,494	22.50%
1997	370,310	37.00%		1997	22,656	22.70%
1996	371,000	37.10%		1996	22,880	22.90%
1995	371,688	37.20%		1995	23,102	23.10%
1994	372,304	37.20%		1994	23,304	23.30%
1993	372,528	37.30%		1993	23,528	23.50%
1992	302,751	30.30%		1992	23,751	23.80%
1991	303,115	30.30%		1991	24,115	24.10%
1990	280,000	28.00%		1990	24,861	24.90%
1989	280,000	28.00%		1989	25,234	25.20%
1988	280,000	28.00%		1988	25,537	25.50%
1987	374,940	37.50%		1987	28,440	28.40%
1986	479,928	48.00%		1986	31,403	31.40%
1985	480,641	48.10%		1985	31,886	31.90%
1984	481,400	48.10%		1984	32,400	32.40%
1983	484,002	48.40%		1983	34,190	34.20%
1982	487,449	48.70%		1982	37,449	37.40%
1981	666,724	66.70%		1981	41,998	42.00%
1980	666,724	66.70%		1980	41,998	42.00%
1979	666,724	66.70%		1979	41,998	42.00%
1978	668,740	66.90%		1978	43,260	43.30%
1977	668,740	66.90%		1977	43,260	43.30%
1976	670,980	67.10%		1976	45,180	45.20%
1975	670,980	67.10%		1975	45,180	45.20%
1974	670,980	67.10%		1974	45,180	45.20%
1973	670,980	67.10%		1973	45,180	45.20%
1972	670,980	67.10%		1972	45,180	45.20%
1971	670,980	67.10%		1971	45,180	45.20%
1970	670,980	67.10%		1970	45,180	45.20%
1969	670,980	67.10%		1969	45,180	45.20%
1968	670,980	67.10%		1968	45,180	45.20%
1967	670,980	67.10%		1967	45,180	45.20%
1966	670,980	67.10%		1966	45,180	45.20%
1965	670,980	67.10%		1965	45,180	45.20%
1964	730,680	73.10%		1964	47,880	47.90%
1963	859,640	86.00%		1963	53,640	53.60%
1962	859,640	86.00%		1962	53,640	53.60%
1961	859,640	86.00%		1961	53,640	53.60%
1960	859,640	86.00%		1960	53,640	53.60%
1959	859,640	86.00%		1959	53,640	53.60%
1958	859,640	86.00%		1958	53,640	53.60%
1957	859,640	86.00%		1957	53,640	53.60%
1956	859,640	86.00%		1956	53,640	53.60%
1955	859,640	86.00%		1955	53,640	53.60%
1954	884,820	88.50%		1954	67,320	67.30%
1953	896,716	89.70%		1953	70,216	70.20%
1952	896,716	89.70%		1952	70,216	70.20%
1951	885,296	88.50%		1951	67,796	67.80%
1950	884,820	88.50%		1950	67,320	67.30%
1949	884,820	88.50%		1949	67,320	67.30%
1948	884,820	88.50%		1948	67,320	67.30%
1947	884,820	88.50%		1947	67,320	67.30%
1946	884,820	88.50%		1946	67,320	67.30%
1945	914,820	91.50%		1945	70,320	70.30%
1944	914,820	91.50%		1944	70,320	70.30%
1943	855,140	85.50%		1943	65,140	65.10%
1942	855,140	85.50%		1942	65,140	65.10%
1941	733,780	73.40%		1941	53,780	53.80%
1940	687,780	68.80%		1940	40,780	40.80%
1939	681,000	68.10%		1939	34,000	34.00%
1938	681,000	68.10%		1938	34,000	34.00%
1937	681,000	68.10%		1937	34,000	34.00%
1936	681,000	68.10%		1936	34,000	34.00%
1935	573,000	57.30%		1935	32,000	32.00%
1934	573,000	57.30%		1934	32,000	32.00%
1933	571,300	57.10%		1933	30,300	30.30%
1932	571,300	57.10%		1932	30,300	30.30%
1931	241,123	24.10%		1931	16,123	16.10%
1930	241,123	24.10%		1930	16,123	16.10%
1929	241,123	24.10%		1929	16,123	16.10%
1928	241,123	24.10%		1928	16,123	16.10%
1927	241,123	24.10%		1927	16,123	16.10%
1926	241,123	24.10%		1926	16,123	16.10%
1925	241,440	24.10%		1925	16,440	16.40%
1924	429,780	43.00%		1924	22,780	22.80%
1923	495,600	49.60%		1923	23,100	23.10%
1922	578,800	57.90%		1922	30,300	30.30%
1921	693,350	69.30%		1921	31,350	31.40%
1920	693,350	69.30%		1920	31,350	31.40%
1919	693,350	69.30%		1919	31,350	31.40%
1918	735,270	73.50%		1918	35,270	35.30%
1917	475,260	47.50%		1917	16,260	16.30%
1916	103,000	10.30%		1916	4,000	4.00%
1915	60,050	6.00%		1915	2,550	2.60%
1914	60,050	6.00%		1914	2,550	2.60%
1913	60,050	6.00%		1913	2,550	2.60%

Per Enrolle Medical Spending(1969 to 2008): Medicare and Private Insurance

The cost of providing older american with medical care is very high.

CBO Definitions

Mandatory

• Social Security
• Income Security
• Medicare
• Medicaid
• Other Retirement
• Other Programs

Discretionary

• Defense
• International
• Domestic

CBO Budget Projections 2010 to 2020 as Percentage of Government Revenue and Total Outlays

More analysis of CBO projects for 2010 to 2020.

Here are the categories as percentage of revenue and total outlays:

CBO Budget Projections from 2010 to 2020 on a Per Capita and Adjusted for Inflation Basis

The table below projects from 2010 to 2020 how much each person in America (per capita, the average per person):

• should pay toward government revenue (total government revenue which includes: personal income tax, corporate income tax, other taxes and fees)
  
• how much government is spending: non-discretionary, discretionary and net interests
• annual fiscal debt
• national debt
• gross domestic product (GDP): market value of all final goods and services made within the borders of a country in a year

Reference:
Projected Budget Data - http://www.cbo.gov/ftpdocs/112xx/doc11231/budgetprojections.xls
Projected Cost Price Index (CPI) - http://www.cbo.gov/ftpdocs/108xx/doc10871/economicprojections.xls
US Population - http://www.census.gov/population/www/popclockus.html

The tables are:

• Assumptions: Population increase 1% per year.
  
• Per Person in Dollars
• Per Person in Constant Dollars (2009)
• Projected in Current Dollars
• Projected in 2009 Dollars (constant)
• Increase from 2010 to 2020

Reducing Health Care Spending

There is only two ways to reduce the spending on national health care:

1. Reduce prices of services, procedures and medicine
2. Reduce quantity of services, procedures and medicine

How do you reduce prices for:

• services
• procedures
• medicine
  

How do you reduce quantity of

• services
• procedures
• medicine