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by Manuel_D
136 days ago
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But wealthier people tend to consume more. The top 10% of earners account for~50% of consumer spending. It's more like the low income person pays $5 of sales tax on a $50 pair of shoes, and a high income person pays $50 of sales tax on a $500 pair of shoes. |
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But I take it from your glib comment you'll disagree or deny that.