Horizon

A Biased and Deceptive Manner

For reasons I can't quite place, I've been skimming over the charts from a lenthy tax/income analysis at Rational Revolution. The author's point is roughly that the rich are very rich, and that the tax system is insufficiently progressive, and so on. Honestly, I couldn't be bothered with much of the commentary after reading the caption to this graph:

What this shows is that for men there has been a general stagnation in terms of income for the average American worker since the 1970s.

No doubt that's one thing the graph shows, though there might be another interesting trend there as well. Later we read:

Many "respected" institutions, such as CATO are continuing to present information on taxation and income in a biased and deceptive manner.

Heaven forbid!

Posted by Ben Brumfield at August 22, 2006 10:57 AM