3 ms·
(45/10)/(55/90) == 7.4 That's how much more the average person in the top decile makes compared to the rest. (68/10)/(32/90) == 19 That's how much higher the
by carlob 12y ago
(45/10)/(55/90) == 7.4
That's how much more the average person in the top decile makes compared to the rest.
(68/10)/(32/90) == 19
That's how much higher the tax the top decile's taxes are. That means that they are paying 2.6 times as much taxes per dollar.
Is it too high? Too low? I guess it really depends on what the baseline is. You can't really tell from these numbers. If the bottom 90% pays 10% of their income in taxes and the top 10% 26% I think it would sound acceptable, if not a bit low. These numbers don't really tell much of a story.
I guess my point is that as long as the rich keep getting richer and the poor poorer, the tax delta is not high enough.