2 ms·
It feels a little misleading to not emphasize that this is reported income. On paper the top 0.1% appears to pay more than their fair share (2x proportional vs
by iaw 8y ago
It feels a little misleading to not emphasize that this is reported income.
On paper the top 0.1% appears to pay more than their fair share (2x proportional vs. their median counterparts paying closer to parity). But as recent articles about Donald Trump and Jared Kushner have highlighted they have both engaged in schemes (legal or not) to reduce the amount of income they have to report to the government.
What would be interesting here is determining the proportion of individuals/households using expensive tax advantaging techniques by each quantile and then try to make some estimate of the actual income for each group is...