That’s a graph showing federal tax receipts being roughly constant?
Good find but that supports the article, not contradicts it.
receipts constant while millionaires taxes rates decreasing = the middle class pickup of the tab.
Good find but that supports the article, not contradicts it.
receipts constant while millionaires taxes rates decreasing = the middle class pickup of the tab.
It’s decreased for all the lower income levels.
https://files.taxfoundation.org/legacy/docs/TaxShareTop1Bott...
For instance, if the top 1%/millionaires earned more income (as a proportion), you'd expect the "percentage of income taxes born" figure to go up, even if the effective tax rates remained constant or dipped slightly.