Friday, December 18, 2009

Thanks to Kevin Drum, I'm just getting around to this doozy from Jonah Goldberg. Goldberg attempts to make the case the uber-rich are overburdened by pointing out that on an absolute basis the bottom 95% of income earners have paid 1/3 less in taxes, versus a doubling by the top 1% of income earners.

What he's reflecting is income has dropped by 1/3 for the bottom 95%, and risen by over 100% for the top 1% earners.

Whereas he seems to believe he's making an egalitarian case for the rich, in fact he's just illustrating what we've known for years: the affluent have gotten more affluent since 1980, and the less affluent have increasingly lagged behind.

As I've always said, you should root for wanting to pay more taxes -- as Jonah makes clear.

No comments: