Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

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Tue Oct 15 17:20:20 +0000 2019

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Paul Krugman @paulkrugman

To get this result, they departed somewhat from standard practice, in ways that are both defensible and somewhat arguable. First, they decided to focus only on taxes, not the tax-and-transfer system we actually have 4/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

The controversy involves their eye-popping claim that the current tax system isn't progressive at all — that's it's actually sort of flat except at the top, where it's regressive. 3/ https://t.co/nEE3oy49Vp — PolitiTweet.org

The starting point is the dramatic decline in tax progressivity that we document in the book and that @DLeonhardt i… https://t.co/YctQfci1hR

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

And their definition of what counts as transfers and therefore doesn't enter their analysis is unusually broad. EITC and refundable credits are excluded from the analysis rather than deducted from working-class taxes, even if workers pay more in payroll tax than they receive 5/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated