{"id":311,"date":"2005-10-26T14:50:29","date_gmt":"2005-10-26T22:50:29","guid":{"rendered":"http:\/\/lianza.org\/blog\/?p=311"},"modified":"2005-10-26T14:50:29","modified_gmt":"2005-10-26T22:50:29","slug":"lessons-in-economics","status":"publish","type":"post","link":"https:\/\/lianza.org\/blog\/2005\/10\/26\/lessons-in-economics\/","title":{"rendered":"Lessons in Economics"},"content":{"rendered":"<p>Lifehack.com had an interesting list of &#8220;<a href=\"http:\/\/lifehack.org\/articles\/lifehack\/fifty-essential-topics-on-economics.html\">50 Essential topics on Economics<\/a>.&#8221;  I haven&#8217;t read them all, but clicked through one &#8211; <a href=\"http:\/\/arnoldkling.com\/econ\/richpoor.html\">The Rich and the Poor<\/a>.  It was fairly interesting.  Here&#8217;s a quick question for you.  What percentage of the total income tax collected in the US is paid for by the top 1% of income-earners?  How about the top 10%?  Click below for the answer.<br \/>\n<!--more--><br \/>\nThe top 1% of income earners pay 34.8% of the total income tax burden.<br \/>\nThe top 10% of income earners pay 65% of the total income tax burden.<\/p>\n<p>The bottom 50% of income earners &#8211; 4.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lifehack.com had an interesting list of &#8220;50 Essential topics on Economics.&#8221; I haven&#8217;t read them all, but clicked through one &#8211; The Rich and the Poor. It was fairly interesting. Here&#8217;s a quick question for you. What percentage of the total income tax collected in the US is paid for by the top 1% of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":["post-311","post","type-post","status-publish","format-standard","hentry","category-interesting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5TCqO-51","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts\/311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/comments?post=311"}],"version-history":[{"count":0,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts\/311\/revisions"}],"wp:attachment":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/media?parent=311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/categories?post=311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/tags?post=311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}