The White House’s Deceptive Pickup Truck Math
Click here to read.
Bruenig takes on the famous "how many hours of labor does it take to afford a pickup truck" graph released by the CEA last month. This graph is deceptive because it counts taxes paid against the affordability of a truck but does not count benefits received towards the affordability of a truck. It is also deceptive because it uses marginal tax rates rather than average tax rates.