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This article is from Dollars & Sense: Real World Economics, available at http://www.dollarsandsense.org


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This article is from the January/February 2013 issue of Dollars & Sense magazine.

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is a professor of economics at the "Y".

Tom Petska and Mike Strudler, “Income, Taxes, and Tax Progressivity: An Examination of Recent Trends in the Distribution of Individual Income and Taxes” (Statistics of Income Division, Internal Revenue Service, 1997); Thomas Hungerford, “Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945” (Congressional Research Service, 2012); Economic Report of the President, 2012; Bureau of Economic Analysis (bea.gov); Organization of Economic Cooperation and Development, OECD STAT.

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