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Old 01-16-2008, 02:04 PM   #63 (permalink)
flstf
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Location: Moscow on the Ohio
Quote:
Originally Posted by ratbastid
I found that here: http://www.dailyhowler.com/dh012703.shtml

It was the result of very quick googling, I don't necessarily vouch for that data or claim to have done exhaustive research, and I admit that when I saw those figures, I didn't spend much time with the rest of the article. The article at that URL is citing another article in the New York Times (do try to contain your eye-rolling) by economist Daniel Altman, and the cited author seems surprised about those figures.

So, grain of salt, I guess, but that's the first time I'd seen it broken down like that, and I'd be very interested in a comparison of like figures (though probably in another thread).


I think the percentage for the middle, second and bottom income groups would be more than 50% when you consider all the embedded taxes they pay since the majority of their income is spent on goods and services with little left over.
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