Inequality in two charts
by John MacBeath Watlkins
Inequality went down at a time when taxes were more progressive, up when they became less progressive. Should we go back to that model?
(from Voteview: http://voteview.com/Top_Marginal_Income_Tax_Rate.htm )
(source: http://www.libertarianprepper.com/the-sinister-roots-of-socialism/gini-index-usa/ )
The troughs in one chart nearly match the peaks in the other.When taxes are high, perks matter more than income to those at the top, I suppose.
Inequality went down at a time when taxes were more progressive, up when they became less progressive. Should we go back to that model?
(from Voteview: http://voteview.com/Top_Marginal_Income_Tax_Rate.htm )
(source: http://www.libertarianprepper.com/the-sinister-roots-of-socialism/gini-index-usa/ )
The troughs in one chart nearly match the peaks in the other.When taxes are high, perks matter more than income to those at the top, I suppose.
Comments
Post a Comment