This figure excludes refundable tax credits like the child tax credit and the EITC, which disproportionately benefit the poor.https://twitter.com/gabriel_zucman/status/1183144189351153664 …
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Who pays what in taxes is important in itself. The total redistributive effects of government intervention is important to. But to study it you need to be comprehensive: allocate all taxes and all spending (which this graph does not do)
Sure, but there is a difference between not allocating all public spending (on defense, healthcare, education etc ) & not considering impact of individual benefits which increase/decrease cash in people's pockets.
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Not doing one is not the answer to why not look at the other. From a household point of view the salient ETR measure is surely difference between market earnings and take home pay. Eg if govt cuts yr tax but also cuts yr benefits you are no better off.
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What if gov cuts NHS spending and you can’t have public health care anymore? Not sure why only cash transfers matter. You want to be comprehensive: 100% of taxes, 100% of transfers.
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