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if you downvote me enough maybe it won't be true!
by nazgulnarsil 15y ago
if you downvote me enough maybe it won't be true!
- CJefferson 15y agoYour comment is a commonly claimed statement, which hides many points. How much of the income does the top 50% get? Without that, your figures are useless. Just concentrating on income tax hides the fact lower earners tend to spend a higher proportion of their income on other taxes (such as sales tax). ycombinator is not the place to repeat poorly researched, often quoted and misleading statistics, without a proper discussion of how they effect the current discussion. Sorry.