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Originally Posted by Rock Steady
... The CBO study, due to be released today, found that the wealthiest 20 percent, whose incomes averaged $182,700 in 2001, saw their share of federal taxes drop from 64.4 percent of total tax payments in 2001 to 63.5 percent this year. ...
This is seriously unconvincing. I know a lot of people making a lot less than they did in 2001.
I can't believe that 20% of Americans make more than $180K a year. That's just ridiculous.
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And I know a lot of people making more than in 2001, what does that prove?
It doesn't say 20% make more than $180k, it says 180K is the average for the top 20 %. That can be a very few making much more and a whole lot making less. It would be clearer as a mean or percentile, but it's not.
