Patrick Driessen has published an article on Tax Notes, titled “National Income, Transfers, and the JCT’s Tax Rates.” The article begins as follows:
In a recent pamphlet framing a congressional hearing on high-income and high-wealth taxpayers, the staff of the Joint Committee on Taxation offered what I believe is its first-ever official judgment about trends in historical income inequality.1 In focusing primarily on the federal level, the JCT staff concluded that after-tax, after-government-outlay, after-government-deficit (three mouthfuls collectively referred to here as post-government) income inequality has changed little in 50 years.
Click here to see the full article: National Income, Transfers, and the JCT’s Tax Rates
Posted by Josh Saret, Associate Editor, Wealth Strategies Journal.
Wealth Strategies Journal 