Typically, I impose on my readers to…um…read, but here are three links to things I strongly recommend you watch or give a listen to. 1) Thomas Piketty at EPI: His book, Capital in the 21st Century, is quickly and deservedly on its way to becoming a classic, and here he is on a great panel… Read more
–Here’s my more detailed take on the tax fairness question, over at the NYT Economix Blog, including a graph I that I think quite gets to the nub of the matter. –CBPP’s Chuck Marr has put together such an elucidating collection of tax charts that I cannot help but pilfer a couple. –As I point… Read more
I’ve been thinking about tax fairness in recent days, and was thus interested to peruse the Gallup results of the question. Nothing too surprising—those who pay more in federal taxes think they’re too high; almost nobody thinks their tax bill is too low. Stop the presses! But departing from the data a bit, there are… Read more
–There’s increasing noise about tax fairness, particularly given the increase in the share of total federal taxes paid by the top 1%, as in this WSJ piece today. I’ll have more to say tomorrow about different ways to think about fairness in the tax code, but a key factor here is that those whose liabilities… Read more
As many have stressed, one piece of the President’s budget that could actually get somewhere–not anytime soon, but someday–is the proposal to expand the part of the EITC that goes to childless adults. Here’s a bit of 411 on that idea over at the NYT Economix blog, with a pretty illuminating graph IMHO.