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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (301683)	8/29/2006 5:06:17 PM
From: TimF	Read Replies (1) \| Respond to of 1576012

Tim, were those quintels corrected for loss of money value? What they measure isn't something that has to be adjusted for inflation. In year X you are in the the bottom 20% of people's income in year X. In year X+9 you are in the 2nd or third from bottom 20% of income in year X+9. Tax brackets have specific dollar amounts. If you don't adjust those dollar amounts for inflation you get bracket creep, but this type of comparison doesn't have bracket creep of that sort.