View Single Post
  #65  
Old 08-28-2019, 04:05 PM
Budget Player Cadet's Avatar
Budget Player Cadet is offline
Guest
 
Join Date: May 2011
Posts: 9,660
Quote:
Originally Posted by bump View Post
What you're trying to say is that if you compare Daddy Warbucks and a person making $10/hr, they're going to be taxed identically on the same amount of taxable income- i.e. their tax brackets are the same. Which is true. But that doesn't mean they pay the same overall percentage in taxes... not by a long chalk.
Okay, so why is "overall percentage of income paid as tax" the meaningful figure of comparison here? Why is that a better number to focus on than what Moriarty is focusing on (total percentage by tax bracket) or what certain dishonest hacks would prefer we focus on (total amount in dollars) or what I would prefer we focus on (total percentage by marginal utility of each dollar)? Beyond the obvious fact that my preferred solution is completely unworkable in practice, anyways.

Last edited by Budget Player Cadet; 08-28-2019 at 04:05 PM.