Over my java this morning, I read the next headline on the forepart page of The New York Times: "Complaints Aside, Most Face Lower Tax Burden Than inwards the Reagan ’80s." Below it was a graphic comparison average taxation rates for diverse income groups inwards 1980 as well as 2010.
The work is that Reagan did non buy the farm president until Jan 1981, as well as his taxation policy was non fully implemented until a couplet of years afterwards (and arguably non until his mo term, when nosotros got real meaning taxation reform). So the headline should accept read, "Complaints Aside, Most Face Lower Tax Burden Than inwards Carter's 1980." That makes the story real different, equally 1980 was the yr the incumbent Carter was defeated by the competitor Reagan, who was proposing meaning taxation reduction equally a telephone substitution constituent of his campaign.
By the way, the online version of The Times omits the elevate of Reagan inwards the headline. There, the headline is the to a greater extent than accurate "Complaints Aside, Most Face Lower Tax Burden Than inwards 1980."
Addendum: Using the Times online interactive graphic, you lot tin post away compare the average taxation rates betwixt whatever ii years. Here, past times income level, is how the average taxation charge per unit of measurement changed from 1988, Reagan's final yr inwards office, to 2010, the well-nigh recent yr available.
0 to 25K, vicious past times four percent points
25 to 50K, vicious past times iii percent points
fifty to 75K, vicious past times 2 percent points
75 to 100K, vicious past times 2 percent point
100 to 125K, vicious past times 1 percent point
125 to 150K, vicious past times 1 percent point
150 to 200K, unchanged
200 to 350K, rose past times 2 percent point
350K+, rose past times 1 percent point
That is, according to the Times numbers, since Reagan left office, taxation rates accept risen at the acme as well as fallen for the pith degree as well as peculiarly the poor.
Sumber https://gregmankiw.blogspot.com/
The work is that Reagan did non buy the farm president until Jan 1981, as well as his taxation policy was non fully implemented until a couplet of years afterwards (and arguably non until his mo term, when nosotros got real meaning taxation reform). So the headline should accept read, "Complaints Aside, Most Face Lower Tax Burden Than inwards Carter's 1980." That makes the story real different, equally 1980 was the yr the incumbent Carter was defeated by the competitor Reagan, who was proposing meaning taxation reduction equally a telephone substitution constituent of his campaign.
By the way, the online version of The Times omits the elevate of Reagan inwards the headline. There, the headline is the to a greater extent than accurate "Complaints Aside, Most Face Lower Tax Burden Than inwards 1980."
Addendum: Using the Times online interactive graphic, you lot tin post away compare the average taxation rates betwixt whatever ii years. Here, past times income level, is how the average taxation charge per unit of measurement changed from 1988, Reagan's final yr inwards office, to 2010, the well-nigh recent yr available.
0 to 25K, vicious past times four percent points
25 to 50K, vicious past times iii percent points
fifty to 75K, vicious past times 2 percent points
75 to 100K, vicious past times 2 percent point
100 to 125K, vicious past times 1 percent point
125 to 150K, vicious past times 1 percent point
150 to 200K, unchanged
200 to 350K, rose past times 2 percent point
350K+, rose past times 1 percent point
That is, according to the Times numbers, since Reagan left office, taxation rates accept risen at the acme as well as fallen for the pith degree as well as peculiarly the poor.
Sumber https://gregmankiw.blogspot.com/
