Federal tax on corprate income
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Tax divided by GDP.
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Federal tax on corporate income as percent GDP.
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Year-over-year change in federal tax on ccorporate income.
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Tax divided by GDP YOY change.
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Year-over-year change in federal tax on corporate income as percent GDP.
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The last two graphs (below) show the relationship between federal corporate income tax and total federal tax, and corporate income tax and corporate income.
Federal corporate income tax divided by total federal tax.
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Federal tax on corporate income divided by pre-tax corporate profits.
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Luke, your second graph reminded me of this post where I evaluate somebody's evaluation of the FCTAX/GDP ratio.
ReplyDeleteTurns out I was doing the same thing in that old post that I'm doing at NK -- questioning the way people read graphs!