Krugman's Right, Reagan's Tax Changes Increased Inequality - They Were Meant To As Well | LBJ School of Public Affairs | The University of Texas at Austin
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"Paul Krugman doesn't quite get the connection between tax changes and inequality right I'm afraid. He is correct in that the amount of tax being paid by the rich is about the same, those Federal tax rates on them did dip and then climb again, meaning there's not been a great deal of difference over the decades. However, the bit he's missing is that the Reagan tax changes were deliberately engineered in order to increase income inequality. No, really, I've been told this directly by Jamie Galbraith, the person who was working on that 1986 change," writes Tim Worstall in Forbes.