Quote:
Originally Posted by JohnnyD
Like I said, statistics are useless without context.
The whole subject is about who made out better. Dollars speak a whole lot louder and mean a whole lot more than percentages do.
$11,500 > $1000
The guy making $250k benefited more.
|
Johnny, my undergraduate degree (from UCONN) is in statistics. This is NOT statistics, it is elementary school mathematics. A 33 percent tax decrease is larger than an 11.6 percent tax decrease. Sorry if that ruffles your political feathers.
I'd also argue that giving an extra $1,000 to a guy making $20k a year, means more to him than giving $11,500 back to a guy making $250K. Why? Something called "diminishing marginal returns". Simply puit, a $100 raise means more to someone earning minimum wage than a $1 million raise to Bill Gates.
Every time someone proves you wrong, you just keep telling yourself that they are "taking it out of context". The other kook here keeps accusing me of "spin" for making the outrageous claim that 33 is, in fact, greater than 11.6.