Re:U.S. Changes Visa Process for High-Skilled Workers
by jgalt212 on Thursday January 31, 2019 @02:42PM
(#19048030)
> The US tax code has gotten more progressive over time, not less
your math is way off because your're mixing nominal, ordinal, interval and ratio[1]
e.g. ten people in econony
9 poorest make $100/year
1 richest makes $200/year
poor tax rate: 5%
rich tax rate: 20%
rich pay 42% of taxes 40 / (40 + 45)
now, lower tax rates on the rich and at the same time his income explodes (what's actually happened since early 1980's)
1 richest person makes $1000/yr
rich man tax rate 15%
rich pay 76% of all taxes (150 / (150 + 45)), which is much higher than before (your progressive argument)
but you claim that tax rates have become more progressive, when in fact and in example above they have become more regressive.
your math is way off because your're mixing nominal, ordinal, interval and ratio[1]
e.g. ten people in econony 9 poorest make $100/year 1 richest makes $200/year
poor tax rate: 5% rich tax rate: 20%
rich pay 42% of taxes 40 / (40 + 45)
now, lower tax rates on the rich and at the same time his income explodes (what's actually happened since early 1980's)
1 richest person makes $1000/yr rich man tax rate 15% rich pay 76% of all taxes (150 / (150 + 45)), which is much higher than before (your progressive argument)
but you claim that tax rates have become more progressive, when in fact and in example above they have become more regressive.
[1] https://www.mymarketresearchmethods.com/types-of-data-nomina...