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Jack Stein Jack Stein is offline
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Default A Prognostication

On 8/5/2011 12:26 PM, Larry Jaques wrote:
On Fri, 05 Aug 2011 09:41:22 -0400, Jack
wrote:

On 8/4/2011 4:44 PM, Larry Jaques wrote:
On Thu, 04 Aug 2011 15:40:59 -0400, Jack
wrote:

On 8/4/2011 1:28 PM, Larry Blanchard wrote:
On Thu, 04 Aug 2011 09:42:50 -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%?

Jack, that's "50% of us, the low-wage earners, make only 13% of the
money and the top half make a whole lot more. The top half ends up
paying the bulk of income tax, dollarwise." Is that easier, cher?
(Whoooeee, dat smarts!)


No. It's not "us", it's based on wages.


sigh
OK, I see that you're merely here for an argument.


sigh
I enjoy a good argument, why are you here? You don't wish to
participate, don't. At least I posted the reasons for my disagreement,
and didn't simply edit out your statements and reply with an empty insult.

Have fun by yourself.


Have fun agreeing with everyone... Yeah, right!

--
Jack
If I agreed with you we'd both be wrong.
http://jbstein.com