Republicans and the news media are freaking the hell out about Obama’s plan for a tax adjustment. It’s the end of the world as we know it! He’s a socialist! He’s bent on redistributing wealth, taking “everything” from the poor, hard-working wealthy. It’s going to ruin capitalism, forever!
Excuse me if I don’t join in the mass hysteria. Don’t make me go all Ross Perot with the pointer, people. Look at the graph.
FiveThirtyEight recently did an article on this. I think you’d find the entire article interesting.
http://www.fivethirtyeight.com/2009/03/missing-1000000-tax-bracket.html
FiveThirtyEight recently did an article on this. I think you’d find the entire article interesting.
http://www.fivethirtyeight.com/2009/03/missing-1000000-tax-bracket.html
Thanks very much for that link. FiveThirtyEight is one of those sites that really established its credibility during the elections but that I never got in the habit of checking. I should go there more often!
Thanks very much for that link. FiveThirtyEight is one of those sites that really established its credibility during the elections but that I never got in the habit of checking. I should go there more often!