Monday, September 2, 2024

Estimate after-tax real incomes nearly tripled between 1962 and 2019 for the bottom, middle, and top quintiles

From Scott Lincicome on Twitter.

"Not@BrianCAlbrecht 's main pt, but: "[Auten/Splinter] estimate after-tax real incomes nearly tripled between 1962 and 2019 for the bottom, middle, and top quintiles. So, their findings are more optimistic than the simple stagnating middle-class narrative""

Has Inequality Risen? Probably. But probably less than you think

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