Stefanie Stantcheva is a Harvard Professor who does some interesting work on taxes – and that says a lot because in my view tax policy is amongst the most boring subjects I can imagine.
I would’ve appreciated seeing a nice chart that shows the Left’s favorite misleader — tax rates vs tax dollars. Sure the wealthy guy might have a lower effective tax rate than his secretary when investment income is only taxed at 15% or 20%...but the absolute dollars tell the truth. He contributes millions and millions of dollars to the Treasury when she might contribute a few thousand.
I would’ve appreciated seeing a nice chart that shows the Left’s favorite misleader — tax rates vs tax dollars. Sure the wealthy guy might have a lower effective tax rate than his secretary when investment income is only taxed at 15% or 20%...but the absolute dollars tell the truth. He contributes millions and millions of dollars to the Treasury when she might contribute a few thousand.