Disgusted by the Republicans' adventures in culture war, the Democrats now propose to give us... class war. Hard to say which the historical precedents are worse for. The 20th century was basically a hard-fought tie in that respect.
-
-
This is the wrong metric. The purpose of higher marginal tax rates isn't increased revenue collection, it's to compress pre-tax distribution of income in order to reduce inequality. Your chart shows, if matched with GINI coefficient or real wage growth, would show that this works
-
There's plenty of evidence that high inequality/real wage stagnation is itself an economic problem, regardless of growth. The solution to growth and public investment isn't tax revenue collection. Taxes are just a control for inflation.
- Show replies
New conversation -
-
-
This Tweet is unavailable.
-
Nah
End of conversation
-
-
-
Paul that's an extremely weak argument
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.