Tuesday, May 17, 2011

Down the Memory Hole We Go! Of Unposts and Critiques of the WSJ!

Oops! It's best not to criticize your intellectual colleagues if you're a right-wing think tank.  You'll get pulled down the memory hole in the hope that your criticisms don't get noticed.  Your post will become an Orwellian "unpost."  In accurately critiquing this horribly misleading chart from the Wall Street Journal OpEd pages,

you'll get your ass handed to you.  This brazen attempt by the notoriously awful WSJ opinion editors to spin the conversation away from a focus on their Galtian overlords and onto the backs of the middle-class is dishonest and so very deceptive.

Fortunately, both the post and the graphic below have been preserved from extermination and serve as an accurate counterweight to this specious crap from the WSJ Opinion editors.  What's even more remarkable, is that it comes from the conservative Tax Foundation! When you break the data down by percentiles, a very, very different picture emerges (although if you look at the WSJ chart above, and you stack all the lines from $200k and up, you can see something similar).
Here again is the uneven distribution of income in America.  No amount of jerrymandering by the tiny minds at the WSJ can change that fact.  Here is the data upon which this chart is built.
But what if we used a constant bin size: in other words, each bin contains an equal number of tax returns? This is the same thing as using income percentiles rather than specific income levels.  Using individual tax returns as the unit of measure, here's what those percentiles look like:

Scott Hodge, President of the Tax Foundation was quoted as saying of the controversy,
Like all organizations we have an editorial process. The piece was posted before I could edit it. I thought it needed revision and editing. We never got around to posting a satisfactory version. It's a moot point now.
One can only speculate that, in his mind, a "satisfactory version," had already generated by the WSJ, one that suited the message of his right-wing organization just fine, thank you.  As for the point being "moot," I expect that Mr. Kasprak, the author of the Tax Foundation's controversial post will be joining the ranks of the 9% unemployed faster than you can say "editorial policy violation."  Moot point indeed!

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