07-16-2012, 01:58 AM
>>I'm sure Dak will come by and explain all the details so that we dummies can better understand...
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You are intentionally, or perhaps not, trying to confuse the matter. The chart I posted couldn't be simpler to interpret. Take your actual income tax liability and divide it by your gross. With me still? The chart says that the middle quantile pays 3%. I know this is hard to believe but your progressive tax system has worked beyond your wildest dreams.
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You are intentionally, or perhaps not, trying to confuse the matter. The chart I posted couldn't be simpler to interpret. Take your actual income tax liability and divide it by your gross. With me still? The chart says that the middle quantile pays 3%. I know this is hard to believe but your progressive tax system has worked beyond your wildest dreams.