Thursday, November 23, 2017

Fair Taxes - How money is distributed in USA

Distribution of Wealth





Wealth inequality in the United States. In Wikepedia retrieved 11/23/17, from en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

One person pays $40
19 pay $2.80
80 pay $0.09


More recently, in 2017, an Oxfam study found that eight rich people, six of them Americans, own as much combined wealth as half the human race.[10][11][12]


     What is a fair way to assess taxes? Suppose a company of 100 people goes out for holiday coffee. These people represent how America's wealth is distributed. They decide to split the bill according to how much wealth they have. Assume the total bill was $100. One person would pay $40. Nineteen would pay $2.80. The remaining 80 would pay only $.09 each.

     Reference information came from Wikipedia, Wealth inequality in the United States.



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