Re:Why Don’t the 20 Cities on Amazon's HQ2 Shortlist Collect...
by refurb on Tuesday January 23, 2018 @07:54PM
(#16219410)
Again, not true. Look at the effective tax rates. The lowest quintile pays single digit percentage (negative income tax when you account for the EITC).
Top quintile pays an effective rate of over 30%.
Re:Why Don’t the 20 Cities on Amazon's HQ2 Shortlist Collect...
by gerbilly on Tuesday January 23, 2018 @09:06PM
(#16219761)
For some reason the bottom quintile doesn't seem to make use of offshore tax shelters quite as much, as the top quintile.
To those who have much, more will be given...
Should think of the marginal utility of their funds. If a $20,000 a year person pays $5,000 - it's much worse than a $10,000,000 paying $100,000.