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I know this is kind of a lib thing to complain about, but it really is insane how much electoral mileage the GOP gets out of the fact that its own voters don't understand marginal tax rates. (hexbear.net)

submitted 2 months ago by [email protected] to c/[email protected]

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I see this become apparent on social media every so often and it's really just depressing how widespread the misunderstanding is.

51% of Americans who were polled in a 2021 survey agreed with the statement that "You pay your marginal tax rate on all of your income".

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[–] [email protected] 41 points 2 months ago (2 children)

It's disturbing how many Burgerlanders don't really comprehend the difference between a million and a billion, either.

[–] [email protected] 25 points 2 months ago

The statement "the difference between a million dollars and a billion dollars is a billion dollars" is 99.9% accurate.

[–] [email protected] 10 points 2 months ago (2 children)

Maybe if we put it in terms of football fields or empire state buildings or number of burgers... thonk

[–] [email protected] 9 points 2 months ago

"The difference between the length of a football and a football field" gets us in the ballpark, but it understates it by about a factor of 3; a football is ~1 foot, and a football field is 300 feet (360 with the endzones).

[–] [email protected] 7 points 2 months ago

Or 9/11s