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Larry Blanchard Larry Blanchard is offline
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Default 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