Re:People Don’t Actually Want Equality, They Want Fairness
by AnthonyMouse on Sunday September 10, 2017 @10:33AM
(#15212354)
> So even if you tax the top 5% at 75%, you’re covering 17% of total expenditures.
And that's assuming a 75% effective rate, which you can't get at the 95th percentile without also charging high effective rates to the majority of people because it's not possible to charge more than a 100% marginal rate on the difference.
And that's assuming a 75% effective rate, which you can't get at the 95th percentile without also charging high effective rates to the majority of people because it's not possible to charge more than a 100% marginal rate on the difference.