Tax Rates influence on Savings Rate US
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Here’s the US tax rate on your income for every year since 1913

Here’s the US tax rate on your income for every year since 1913 | Tax Rates influence on Savings Rate US | Scoop.it
US tax rates have changed wildly since 1913 when the current federal income tax program was first introduced. The above interactive chart shows the difference in rates over time, using data from the Tax Foundation. Enter your taxable income—what you've earned minus all of your deductions (not including capital gains)—pick a filing status, and you can...
Raul Estrada's insight:

The drop in tax rates looks vaguely similar to the drop in savings rates.

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Which Costs More: Being Single or Married?

Which Costs More: Being Single or Married? | Tax Rates influence on Savings Rate US | Scoop.it
An analysis in The Atlantic suggests singles pay more than marrieds over the course of their lives. More
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Relationships and tax rates

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Personal savings, 1950-2011

Personal savings, 1950-2011 | Tax Rates influence on Savings Rate US | Scoop.it
The U.S. personal savings rate fell sharply between 1980 and 2007 and remains low, at 4.6% of disposable income
Raul Estrada's insight:

Personal Savings rates appear to be higher when Tax Rates on large incomes are higher.

Is the increase in personal savings across all income brackets? This would affect the spread of wealth, which could affect the spread of needs.

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