Thread by @gabriel_zucman, In 1950, the ultra-wealthy paid 70% of their income in taxes.In 2018, [...]

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In 1950, the ultra-wealthy paid 70% of their income in taxes.

In 2018, for the first time, they paid less than every other social group—23%.

Terrific animation in tomorrow's New York Times. Thanks @DLeonhardt @stuartathompson!

https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html

In 1950, the ultra-wealthy paid 70% of their income in taxes.In 2018, for the first time, they paid less than every other social group—23%.Terrific animation in tomorrow's New York Times. Thanks @DLeonhardt @stuartathompson! https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html

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