"A new book by economists Emmanuel Saez and Gabriel Zucman is receiving a full red-carpet rollout by left-leaning media. “The Triumph of Injustice,” which claims to show that the wealthiest Americans pay lower effective tax rates than the poorest Americans, has spawned not one, not two, but three columns in The New York Times and at least three more in The Washington Post in the week leading up to its release. In reading these columns, one would have little inkling that the Saez and Zucman data simply doesn’t match other analyses.
In fact, someone reading these columns would be inclined to think that no one had ever bothered to check on the progressivity of the American tax code before. But that’s not the case—it’s just that the data isn’t usually particularly interesting to most people.
The Congressional Budget Office (CBO), for example, analyzes this very thing each year. The most recent CBO data shows that the wealthiest 1 percent pay an average effective rate of 33.3 percent in federal taxes, while the bottom 20 percent pay just 1.7 percent. That data receives few opinion columns dedicated to it because it’s about what most people would expect."
https://thefederalist.com/2019/11/04/no-rich-americans-dont-pay-lower-tax-rates-than-poor-americans-do/
In fact, someone reading these columns would be inclined to think that no one had ever bothered to check on the progressivity of the American tax code before. But that’s not the case—it’s just that the data isn’t usually particularly interesting to most people.
The Congressional Budget Office (CBO), for example, analyzes this very thing each year. The most recent CBO data shows that the wealthiest 1 percent pay an average effective rate of 33.3 percent in federal taxes, while the bottom 20 percent pay just 1.7 percent. That data receives few opinion columns dedicated to it because it’s about what most people would expect."
https://thefederalist.com/2019/11/04/no-rich-americans-dont-pay-lower-tax-rates-than-poor-americans-do/
