Comment by twoodfin
6 days ago
https://www.pewresearch.org/short-reads/2023/04/18/who-pays-...
For one thing, many plumbers do make it to the 1%: Trades are a profitable line of work for the industrious.
But the median 1%’er is paying 3-4X the effective rate of the overall median earner.
So if they're earning 50x as much, why are they only paying 3-4x the tax?
>> is paying 3-4X the effective rate > why are they only paying 3-4x the tax?
You have conflated the tax rate with the tax amount.