Saturday, December 15, 2007

So much for the "tax cuts for the rich" meme

....that Dems/Lefties/"Progressives" love to babble about.

Greg Mankiw has the details.

Key point:

"Notice that all groups are paying lower tax rates than the historical average. But in contrast to some popular perceptions, the change is not concentrated among the upper income groups. In fact, the opposite is true."

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