By Chris Edwards, includes “ProPublica is running a series of articles based on federal tax returns for 25 wealthy individuals which were illegally obtained. ProPublica says that its analysis ‘demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most.’ That broad claim is not supported by their narrow analysis. Indeed, it is a silly statement because it is based on only 25 apparently atypical high‐end returns and a single hypothetical middle‐income taxpayer.”
Read the full article on: Cato Institute