Almost half the country––and nearly two-thirds of Republicans––don't know what a marginal income tax is. This type of ignorance is what rightwing and neoliberal media bank on when demagoguing calls for higher taxes, like those of House newcomer Alexandria Ocasio-Cortez. In this Patreon News Brief we dissect why disinformation over how taxes actually work is key to maintaining inequality and preventing meaningful wealth redistribution.
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The NYT Doesn't Understand Marginal Tax Rates - Dean Baker, Center for Economic & Policy Research (May 15, 2011)
Ocasio-Cortez’s 70 Percent Top Tax Rate Is a Moderate, Evidence-Based Policy - Eric Levitz, New York Magazine (January 4, 2019)