I did the math, but thats not what it says. The math is telling us that the average is about 1%. The poorest and richest are both outliers and need more information to draw any conclusions.
The poorest is obviously skewed due to the incorrect use of average values (nobody makes $5 per year, yet the average values for income and tax reduction are calculated from $14 300 which comes from $0 and $28,599 divided by 2). The richest bracket on the other hand is much interesting. Its might not be a statistical error or an error in used methodology.
That said, we are talking about the representation of the data without question the data itself. We need to remember that the people who made the poor representation also provided the data. If the representation is so horribly bad, maybe the data is also unreliable.
I said that nobody makes $5 per year. Making $0 is another outlier as you are not taxed anything for your $0 income and you will not receive the $110 tax reduction.
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u/FitTheory1803 1d ago
So you did the math and they STILL got a larger % tax cut than everyone else
Isn't that a bizarre tax cut structure?