Downwardly Mobile America

James Pethokoukis has posted a new chart on his blog as part of his ongoing commentary about income inequality in America. In this post, he argues that “alarmists” are wrong to worry about income inequality because America has a lot of upward economic mobility: Turns out that the Tax …

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Written by Noah Kristula-Green on Monday November 7, 2011

There is No Increased Inequality, Unless You Look at the Top 1%

Shikha Dalmia writes that "Greedy Capitalists Hogging Wealth Are Not Causing Income Inequality." In her blog post she  cites the lack of significant change in the Gini index of inequality among U.S. individuals in recent years: I'm a bit confused, because there is another famous graph …

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Written by Andrew Gelman on Thursday November 3, 2011

What's at Stake in Ryan's Budget

Paul Ryan’s budget plan could spur an intelligent conversation on spending. But what we’ll probably hear from the left are the same scare tactics and budget cut horror stories. Tomorrow, Rep. Paul Ryan will release his highly anticipated budget plan.  Early reports suggest that along with …

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Written by J.D. Hamel on Tuesday April 5, 2011

How Progressive Taxation Punishes Hard Work

A new study shows how progressive taxation is inequitable for people who are working harder. My friend Kip Hagopian has a very thought-provoking article in the current issue of  Policy Review on the (in)equity of the progressive income tax. Here is a core point: The progressive …

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Written by David Frum on Saturday April 2, 2011