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Apr 28 / Jonathan

Remedial economics for the WSJ editorial board

Media Matters:

An April 26 Wall Street Journal editorial argued that “the overall tax burden grew more progressive” in the last 25 years because upper income taxpayers pay a larger share of total taxes than they did in 1979. But the Journal failed to explain why upper income taxpayers pay a larger share today: The wealthiest Americans earn a much larger share of total income than they did in 1979.

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