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Tax inequality.
"Has anything vexed you as much politically as the mansion tax?" "Inequality," he says surprisingly.
Applying the same tax rates to all forms of income would be a more direct way to address tax inequality.
The research fellow at the Centre for Global Development produces a combination of wonky tweets about international data and accessible commentary on tax, inequality and illicit flows.
Tax Inequality Itself," by Ian Ayres and Aaron S. Edlin (Op-Ed, Dec. 19), proposing an extra tax limiting the incomes of the top 1 percent of earners to 36 times the median household income: Professors Ayres and Edlin have proposed an ingenious solution to the insidious problem of the expanding income gap between the rich and everyone else.
According to David Yves Albouy, an assistant professor of economics at the University of Michigan and an expert on geographic tax inequality, teachers in New York may be among the highest paid in the country, but their salaries don't give them any extra buying power because the cost of living is so high.
Similar(49)
Pre-tax inequality is significantly higher.
But that is after-tax inequality.
First, it is important to recognise that what the Gini measures is post-tax inequality.
The light lines on the bar chart show pre-tax inequality.
The second chart shows post-tax inequality alongside pre-tax inequality, or the level of inequality that would prevail if the UK state did not do any redistribution through the tax and benefits system.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com