View Single Post
Old 02-24-2013, 03:10 PM   #220
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $5000
Quote:
Originally Posted by KC native View Post
That is completely false. The top 1% receives somewhere in the neighborhood of 20% of all income. If we look at the top 10%, then that numbers grows to 45%. Increasing the rates on those people would generate more revenue that squeezing lower income tax payers.

This is basic math patty. Color me not surprised that your gop talking points interfere with that.
Basic math:

1. 80% > 20% (and 55% > 45%)

2. Raising the rate on the first dollar hits 100% of wage earning families. Raising the rate on the 100,000th dollar hits less than 20% of wage earning families. 100% > 20%.

Yes, you're right about one thing. It's basic math. Learn it.
__________________


"I'll see you guys in New York." ISIS Caliph Abu Bakr al-Baghdadi to US military personnel upon his release from US custody at Camp Bucca in Iraq during Obama's first year in office.
Posts: 75,744
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote