On Mon, 24 Apr 2000, Max Sawicky wrote:
> I tell people the numbers show the payroll tax is progressive thru the
> 9th income decile and they call me nuts. Well they will find some
> other reason to call me nuts, lord knows there are a couple, but CTJ
> has just put out a "Tax Day 2000" paper with that very same result.
> Their tables show the payroll tax is progressive thru the fourth
> quintile (they don't show deciles) for all taxpayers.
Um Max, don't the top 10% own most of the wealth in this country? A tax that's progressive up until that point seems downright regressive. Unless I'm drastically misunderstanding.
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com