Thursday, April 21, 2011

Income distrubution

I like this chart showing income and tax distributions. So when we talk about taxing the rich, who do we mean? Bill Gates? No. A household income above $114,000 places you in the top 10 percent of income earners. That means that a man making $60K married to a woman making $60K find themselves in the top 10 percent. Not hard to do at all. This could be a policeman and a teacher. A small business owner and a social worker. In my view, they may easily be tea partiers.

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