KRUGMAN: Zombie Tax Lies

[kpete]

April 22, 2011, 1:07 PM
Zombie Tax Lies
The claim that only rich people pay taxes is a zombie lie — something that keeps coming back no matter how many times it’s killed by evidence.

So, let’s try another shot to the head.

Yes, high-income people pay the bulk of the federal income tax. But that’s not the only tax! And while the income tax is quite progressive, the payroll tax — the other major federal tax — isn’t; and state and local taxes are strongly regressive.

Citizens for Tax Justice (pdf) has the goods: combining all taxes, federal, state, and local, we get this:


THE REST:
http://krugman.blogs.nytimes.com/2011/04/22/zombie-tax-lies/

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MORE:
No, Half Of All Workers Aren't Freeloadershttp://civilizedconversation.files.wordpress.com/2010/12/total-tax-burden-bar-chart-shows-mild-progressivity.jpg

Jonathan ChaitApril 22, 2011
http://www.tnr.com/blog/jonathan-chait/87204/no-half-all-workers-arent-freeloaders

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UPDATE TO INCLUDE:
KRUGMAN: April 22, 2011, 1:10 PM
Bill O’Reilly Is On To Me
He has figured out that George Soros and I are trying to destroy the economy so that we can build socialism.
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http://krugman.blogs.nytimes.com/2011/04/22/bill-oreilly-is-on-to-me/?gwh=C42C79E26F25BD9B0D107751F9F0BB09

[msongs]

1. meanwhile our Treasury Secretary is an insider plant from Wall Street nt

[indepat]

2. Paul Ryan's budget would fix this glaring inequity: total income received by the top 10% would then

probably exceed their share of total taxes paid: even pubs would insist on further regressiveness in the tax code. :patriot:

[indepat]

3. One would think pubs would hang their heads in shame over this and what they are further planning.

Wrong, pubs have no shame. If no shame, no decency. If no decency, then only insane depravity running amok. :patriot:

[Jim__]

4. "They are deliberately trying to deceive you" - yes they are - including most of the media - n/t