cubanbob
2008-01-10 09:49:57
“Way down in the 15th paragraph I reported that the bottom fifth reported on their tax returns incomes of $11,166 or less and that their average income was $5,743. These are my calculations, but you can do from the same IRS tables, dividing income by taxpayers.”
Reported income: this is the tip off. The numbers may be accurate but without the true context of the total cash and cash equivalents recieved by this group outside of the reported numbers, the numbers themselves are meaningless and convey a false impression.
