Tax Progressiveness
This is the latest In Fact. Click the left arrow for earlier ones.Cal Berkeley professor Robert Reich is touting a chart that claims “taxes have become less progressive over time” and blaming this on politicians who “have slashed taxes to line the pockets of their wealthy donors.”
IN FACT, the chart posted by Reich is based on data from economists Thomas Piketty and Emmanuel Saez, who regularly use dubious methodologies. More cogent data from the CBO shows that federal taxes have become more progressive over time, not less:
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