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Old 02-24-2013, 05:40 PM   #222
KC native KC native is offline
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Join Date: Feb 2009
Location: Fort Worth, TX
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Quote:
Originally Posted by patteeu View Post
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.
Only if you ignore the magnitude of the incomes. What is a bigger number patty, 1% of 30k, or 1% of 150k?
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