This is false. The Piketty-Saez series uses an inappropriate denominator for tax data, substantially exaggerating income inequality at both tails of the U shaped pattern. pic.twitter.com/nhVosvp775— Phil Magness (@PhilWMagness) December 14, 2023
This is false. The Piketty-Saez series uses an inappropriate denominator for tax data, substantially exaggerating income inequality at both tails of the U shaped pattern. pic.twitter.com/nhVosvp775