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 According to that brief, over the last 50 years, the average effective tax rate for the top 0.1% (including both income and payroll taxes) has fallen from 51% to 26%, while the middle quintile’s average burden has risen slightly from 14% to 16%.

t is unclear, however, if the fairness issue is the political winner the White House believes it to be.  According to a new poll of independent voters in swing states commissioned by Third Way, a centrist Democratic group, an “opportunity” theme resonates with these voters more than a “fairness” argument does. When given a direct choice in the poll, 51% preferred a candidate who emphasizes “an economy based on opportunity” while only 43% opted for one who pushes “an economy based on fairness.” The report notes: “Swing Indepen