A Prognostication
On Thu, 04 Aug 2011 15:40:59 -0400, Jack Stein wrote:
ie, the bottom 50% of wage
earners pay 2.7% of income taxes, the top 50% pay 97.3%.
That sounds great till you look at the other half of the statistics.
The bottom 50% have 13% of the income, the top 50% have 87%. If you
add SS taxes to that, the bottom half pay a higher percentage than the
top half.
That sounds stupid! The bottom 50% has 50% of the wages? The top 50%
has the other 50%? If the bottom 50% had 13% of the income, they
wouldn't be the bottom 50% but the bottom 13%?
Are you being deliberately obtuse, Jack? I was responding to your post.
Was it stupid as well? I guess it must have been, you just said so.
--
Intelligence is an experiment that failed - G. B. Shaw
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