Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

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Tue Oct 15 17:34:09 +0000 2019

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Paul Krugman @paulkrugman

And I don't think there's much question about the answer to that question. Overall, our fiscal system reduces inequality — a bit— largely thanks to transfer payments at the bottom. But it reduces inequality much less than it used to, thanks to tax cuts at the top 10/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

And the thing is that ultimately we shouldn't care about these definitional questions. What we want to know is how the whole tax-and-transfer system affects inequality. 9/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

Saez and Zucman make this point brilliantly, and also tell us a lot about how that happened. So the important thing is not to get too hung up on the technical disputes. The core SZ insight is totally robust 11/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated