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April 26, 2005


Brian H

Your morphed cliché just made me realize that the original has been dusted into anachronism by the sands of time. "Dollars to doughnuts" is hardly that much of a scalar contrast any more. How much would you expect to pay for a Krispy Kreme, for example? A 2003 price list I was able to Google said "$1 for one, $9 for a dozen."



Yeah, but look at the stock KKD has plummeted (one of by better calls, I must say) the irony here is that now you can buy a share of Krispy Kreme for less that a dozen Krispy Kremes.


The conclusion is that even though the tax code has become slightly less progressive since the tax cuts in 2001 and 2003, the top 20% of tax payers account for 94.74% of the country's taxes while the bottom 20% pay 0.65% The TaxProf has a nifty little chart up.

The TaxProf's chart says the top 20% pay 68.17% of the taxes. Don't know where you got the 94.74 from.


I added the figures shown in that chart which was a mistake. Honestly, I don't know what I was thinking. Thanks for the correction.

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