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Showing posts with label quintile. Show all posts
Showing posts with label quintile. Show all posts

Friday, August 3, 2012

What Is A Quintile?



A quintile is one of five equal groups into which a population can be divided. If the top 20% of taxpayers pay 94% of the income tax, then isn't it fair that they receive 94% of any tax breaks? Isn't it unfair if they don't?