Pointing Out The Obvious
From time to time I like to do a feature here called “Graphs that Subvert Conventional Wisdom.” It’s always worthwhile to challenge popular notions about the world that happen to be wrong. But it’s also worth reminding people that sometimes obviously true things are actually true.
A lot of right-wing commentators like to pretend that tax cuts actually increase revenue or that tax revenue can’t rise above some magical boundary despite evidence from the US and nations all over the world. Despite the evidence that tax cuts reduce revenue except in extreme circumstances, supply-siders like to pretend that controversy exists about the facts. It seems creationists, global warming deniers, and supply-siders all have something in common. Of course, it’s likely they’re a lot of the same people.
Thanks to the IGM poll of economic experts from a wide range of political attitudes, we can see that there is virtually no disagreement. Here are the results of a politically relevant question as Congress debates whether or not we should raise taxes on the wealthiest Americans: (I’ve added a helpful red circle for those extra dedicated to ignoring the obvious)