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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (664610)7/30/2012 9:33:24 PM
From: J_F_Shepard  Read Replies (1) of 1576892
 
marginal rates mean a lot. Average rates might be more important in discussions of fairness. Marginal rates are more important in terms of incentives. If marginal rates are high you discourage effort. That doesn't just apply to the rich, it also applies to many low income people,
I disagree....marginal rates are meaningless if you don't pay at that rate.....hence Buffet paid 17%, Romney paid 13%.... If the rich actually paid those rates there would be no argument.

But even focusing on your prefered statistic of average rates, the rich pay more, both whether you just considered federal income taxes,
My preferred statistic is % of AGI.....and the rich therefore do not pay more.....I posted the IRS data.

The top 10% isn't a qunitile. Quintiles are 20%. All quitiles are in the data in my posts in this conversation.
I know that, but I eliminated the bottom 50% because they essentially pay no taxes anyway.

Off topic.......there they're their......
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