This post first appeared at Mother Jones.
We’re still posting a new chart on the current state of income inequality every day over the next week. Yesterday’s looked at how the top 1 percent of Americans have captured half of all income.
Today, let’s talk taxes. In the past few years, we’ve heard a lot about overtaxed “job creators” and freeloading “takers.” But consider this: As the income rates for the wealthiest have plunged, their incomes have shot up.
(Illustrations and infographic design: Mattias Mackler)
Sources: Tax rates: The Tax Foundation; top incomes: Emmanuel Saez and Thomas Piketty (Excel)
