re: #608 Aceofwhat?

cutting the capital gains rate was followed by a boost in federal tax receipts, IIRC. i don’t think you want me to include that particular effect!

I’m not sure I’m getting your argument? I thought we were discussing tax burden, not increases in revenue. Yes revenue went up as GDP went up (though obviously both tanked recently) as the wealthiest’s share of income went up as the medium income stagnated.

This article includes charts of the % of taxes paid by the top 400 wealthiest Americans (since the 90’s) and and a second chart that documents their average tax rate:
(Time) The 400 Richest Americans and their Terrible Tax Burden