Again, not true. Look at the effective tax rates. The lowest quintile pays singl... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		refurb on Jan 24, 2018 \| parent \| context \| favorite \| on: Why Don’t the 20 Cities on Amazon's HQ2 Shortlist ... Again, not true. Look at the effective tax rates. The lowest quintile pays single digit percentage (negative income tax when you account for the EITC). Top quintile pays an effective rate of over 30%.

gerbilly on Jan 24, 2018 [–]

For some reason the bottom quintile doesn't seem to make use of offshore tax shelters quite as much, as the top quintile.

To those who have much, more will be given...

refurb on Jan 24, 2018 | [–]

Is your statement based on fact or just how you think things work?

gerbilly on Feb 4, 2018 | | [–]

Can it be both?

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact