One jarring chart shows how taxes on workers have essentially replaced those on corporations

Workers are a key pillar of the US economy. The payroll taxes that the government collects from their wages sustains two critical programs that benefit tens of millions of Americans: Social Security and Medicare.

However, they’re now shouldering more of the tax burden compared to corporations.

Recent research from Emmanuel Saez and Gabriel Zucman — two progressive economists at the University of California, Berkeley — shows that payroll taxes on workers now makes up a significantly larger portion of national income compared to corporate taxes, which has steadily been on the decline for decades.

Markets Insider