alt Hacker News> which is a rounding error to his income class.
Not at all. The idea is that his class claim very little income, if any income. His income class is ~$0 (or believed to be, at least). You can certainly make an argument that the claim isn't true, that the ultra-wealthy are actually already paying huge sums in income tax, but then you cannot take the thread out of context. It was clearly directed at those who believe the wealthy pay no income tax. It literally says so. Did you skip step one and not go back to read it again?
> He caps his example at 800k reported income, if I remember
You are correct, approximately, but there would have been no need to remember given step one, so that was clearly ignored. Why? What is the purpose of replying without even reading the comment you are replying to?
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Step one means fuck-all nothing with a cap of $800K. Its not as if billionaires truly pay $0 in tax. $800K is approximately $0 to a billionaire so they'd all just pay that.
Lutke's own post was about pension = no votes, which I identify as the thing he decided to actually spent time on. His other tweet is a Musk-like "Good idea" reply to someone else's proposal regarding tax brackets, no?
I don't think memory fails me on the main points. If you think ranking the same read facts differently from you means faulty reading, I don't really owe you the labor of explaining where that fails.