From the course: Everyday Statistics, with Eddie Davila

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Income tax statistics

Income tax statistics

From the course: Everyday Statistics, with Eddie Davila

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Income tax statistics

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- [Narrator] In the United States the Internal Revenue Service commonly known as the IRS, is often a symbol of dread to all those who earn wages and must pay taxes. The IRS takes on the image of an all seeing government entity that doesn't just know what you do, they also take your money. And while collecting taxes and enforcing the law is within their scope, by having data on nearly every person and organization, and the financial transactions between them, the IRS has a treasure trove of financial data that can help us understand how the United States is changing over time. Actually, if you go to the IRS website, you'll find an entire area devoted to tax statistics. And while no one will mistake accountants and IRS agents as party animals, their site actually discusses how much they enjoy stats and numbers, and they invite you to join them in the fun. In their IRS tax statistics site, you'll have access to years and years of tax data, info graphics and population data. You can look…

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