Quote:
Originally Posted by nik-
I see.
They list their tax cut on the middle class and tax increase on the 1%'ers as evening out. I'd really like to see the numbers on that, because I don't buy that at all.
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I just spent my lunch hour doing this and then lost it.
Using averages of income across the classes and breaking down the top 1% so their averages are different (IE trying to capture the real amount gained from people making over 2.5 mil/year vs lumping them in with the 300k+ crowd), because when you get up into that range (the average for the 2550 people that made over 2.5 mil in 2010 is actually $5mil), you get significant differences.
I wish I hadn't hit the back button, dammit. It worked out to about a $1 billion loss in tax revenue, which I think, for all purposes given I was working with averages across ranges of up to 6 million people (and 5 year old data), can be seen as a wash.
Here's the article where I was getting numbers from:
http://www.cbc.ca/news/canada/who-ar...op-1-1.1703321