Originally Posted by patteeu
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?