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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (587503)9/25/2010 6:45:22 PM
From: Brumar891 Recommendation   of 1575980
 
Liberals who talk about inequality say its a bad thing to be reduced via taxation.

If you think the first example is closest to what we have now, you should like what we have now. Because the first example is best for those with lower incomes:

Suppose we could choose between societies in which:

1) the top 1% earned a minium of $1B per year each and the bottom 50% earned $250K per year each or

2) the top 1% earned an average of $1M per year each and the bottom 50% earned %10K per year each.

Choice #1 would be much more unequal.

$1B / $250K = 4000

$1M / $10K = 100

Whats your choice?
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