“Maybe we got our numbers wrong,” Saez said at one point in response to Summers’ repeated criticisms. “Read our book, look at the numbers and make your own judgment.”
Saez and Zucman released a book this week, “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay,” making the case for large tax increases on top earners.
Big tax boosts on the rich have been a key topic in the 2020 Democratic primary as candidates have looked for proposals that would lessen inequality and raise revenue to pay for expensive social programs, such as expanded health care and free college tuition.
This article was provided by Bloomberg News.