A recent editorial decrying how much the rich pay in taxes brings to mind Mark Twain’s famous expression. “There are three kinds of lies,” Twain explained, “lies, damned lies, and statistics.” Using data compiled by the Tax Foundation, the piece bases its assertions on the comparison of the share of federal income tax paid by the top 1 percent to the share of the total adjusted gross income flowing to that group in 2020. Similar observations have been made by conservative economists using this comparison for different years. Because the top 1 percent paid 42.3 percent of the total federal income tax in 2020 while receiving 22.2 percent of total adjusted gross income, the logic goe
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