Ravi
Diamond Member
Including the tenth man in this example. Where's it say the tenth man's income is $100?Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this...
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
No one pays 59% tax on income.
It doesn't, but I realize you are an idiot, too!