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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (1034576)10/20/2017 7:05:53 PM
From: Heywood40  Read Replies (1) of 1575175
 
I used your numbers.

You said:
By the way, the top 1% of Americans own somewhere between 33-42% of the wealth. Yet they pay 70.6% of federal income taxes.
I used 40% (within the range you posted) to make my illustration.

While it sounds unreasonable when I hear,

"1% pays 70.6% of the taxes",

It doesn't sound nearly so unreasonable when I hear,

"People with 66 times more money than everyone else pay 72% of taxes."

Which portion of my math do you think is incorrect?
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