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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (198246)8/24/2004 8:04:54 PM
From: TimF  Read Replies (1) of 1586105
 
In absolute terms, and as a percentage of income.

Disposeable income isn't taxed. Income is.

And in many cases the federal tax system is tilted in favor of the poor even as a percentage of disposable income. Many of the poor pay zero in income tax, or even a negative income tax as they get a refundable earned income tax credit.

Tim
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