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Brian_Riedl's profile
Brian Riedl 🧀
Brian Riedl 🧀
Brian Riedl  🧀
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@Brian_Riedl

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Brian Riedl  🧀Verified account

@Brian_Riedl

Sr. Fellow @ManhattanInst. Past: Sen. Portman chief economist (2011-17), Fellow @Heritage (2001-11), budget/spending architect for 4 prez campaigns. Tweets mine

Washington DC (originally WI)
manhattan-institute.org/expert/brian-r…
Joined February 2013

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    1. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019

      Brian Riedl  🧀 Retweeted Ben White

      1) This is not new. Voters have ALWAYS wanted the rich to buy them more benefits 2) Most who complain the rich do not pay their "fair share" wildly underestimate the share of all taxes currently paid by the rich 3) They will be disappointed in how little revenue would be raisedhttps://twitter.com/morningmoneyben/status/1092393771520663553 …

      Brian Riedl  🧀 added,

      Ben WhiteVerified account @morningmoneyben
      Proposals to hike taxes on the rich likes @AOC’s and @ewarren’s are highly popular across party lines, creating problems for moderates and the GOP. My latest. https://www.politico.com/story/2019/02/04/democrats-taxes-economy-policy-2020-1144874 …
      47 replies 157 retweets 541 likes
      Show this thread
      Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019

      The top 20% pay about 69% of all federal taxes -- including 88% of all income taxes.pic.twitter.com/HXATuKewMf

      10:01 AM - 4 Feb 2019
      • 54 Retweets
      • 93 Likes
      • Ronnie Alexander 🐢🏈 Ennis James Slate Leave My Meat Alone Phil Prange Conservatarian Kevin ❌ Roger Barker ❌-14 IrishMom
      10 replies 54 retweets 93 likes
        1. New conversation
        2. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019

          The average tax rate steeply rises with incomepic.twitter.com/iksrw7UXmt

          6 replies 22 retweets 67 likes
          Show this thread
        3. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019

          The U.S. has by far the most progressive taxes in the OECD -- even adjusting for America's income inequality leading to a more progressive tax distribution And this does not even include the steep VAT taxes that make European taxes even less progressive relative to the U.S.pic.twitter.com/5nWY5HGMR3

          4 replies 30 retweets 88 likes
          Show this thread
        4. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019

          Because people are ignoring the OCED chart and claiming I am ignoring rising income inequality.... The chart below divides the tax distribution by the income distribution. Same story.pic.twitter.com/QuPYSWcpeY

          6 replies 14 retweets 45 likes
          Show this thread
        5. End of conversation
        1. Cache Tag‏ @CacheTastrophy 4 Feb 2019
          Replying to @Brian_Riedl @SaysSimonson

          Nice

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Benjamin Shapero‏ @realBenShapero 4 Feb 2019
          Replying to @Brian_Riedl

          Nobody cares about that. They care about effective tax rates, which are higher in the upper middle class than the 1%. This chart only shows how bad inequality is.

          2 replies 0 retweets 1 like
        3. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019
          Replying to @realBenShapero

          Perhaps read the whole thread.

          1 reply 0 retweets 1 like
        4. Show replies
        1. New conversation
        2. 𝓢𝓹𝓸𝓻𝓴𝓫𝓸𝓸𝓽𝓼‏ @sporkboot 4 Feb 2019
          Replying to @Brian_Riedl

          i think leaving out the chart about how income is distributed is very telling

          1 reply 0 retweets 7 likes
        3. Brian Riedl  🧀‏Verified account @Brian_Riedl 4 Feb 2019
          Replying to @sporkboot

          There OECD chart below adjusts for that.

          1 reply 0 retweets 0 likes
        4. Show replies
        1. Kris Jones‏ @falcon6615 4 Feb 2019
          Replying to @Brian_Riedl

          those numbers only have context when distribution numbers are included

          0 replies 0 retweets 0 likes
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        1. Stephen M. Thomas‏ @stmithomas 4 Feb 2019
          Replying to @Brian_Riedl

          Right and with a $21,982,423,036,475.23 debt it is not enough.

          0 replies 1 retweet 2 likes
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