5 ms·

So, 42% of the wealth supplies 38% of the tax base? That's pretty close, of course, but when you're talking about trillions of dollars 4% is quite a big shortfa

by jfoutz 16y ago

So, 42% of the wealth supplies 38% of the tax base? That's pretty close, of course, but when you're talking about trillions of dollars 4% is quite a big shortfall.

callmeed 16y ago
And it's 4% the other direction if you use the net worth number. He defines wealth as (net worth - home value) so I don't know that it's a good metric