Reply to post: Re: Rich Tax Paradox

Should the super-rich pay 70% tax rate above $10m? Here's Michael Dell's hot take for Davos

Swarthy
Boffin

Re: Rich Tax Paradox

What I was proposing is almost, but not quite, entirely unlike what we currently have.

I specified turnover rather than profit so that those complicated structures to obfuscate profits would no longer apply; and I specified median (sort the numbers, and grab the one in the middle), as opposed to mean (add all and divide by the count), so that to shaft the low-end employees, they would need to add more high-paying jobs, not just give the fat cats a raise. I was tempted to suggest that it should be evaluated on the mode (most frequently occurring number), but that could be a later change, once they have figured out how to game the median system.

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