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Posted by Eric B. on Saturday, November 29, 2008 at 22:24:36 :
In Reply to: Re: Better math posted by D Sherman on Saturday, November 29, 2008 at 21:57:12 :
The US Census says there are 217.8 Million people 18 or older in the US as of 2003.
That drops the per person total to $390 give or take a $0.25.
I have seen this text before, it all sounds great until you ask, "where did enough money for $425,000 per person over 18 come from?" It is not like the high school kids working at McDonalds pay $410,000 each in taxes!
Average salary (by one measure) is $36,764, take 30% for taxes (again just a rough number) and you have the average person paying about $11,000 in taxes. Obviously there is no way $425,000 is coming out of that.
Eric
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