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Questions tagged [politics]

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38
votes
5answers
6k views

Why is progressive taxation achieved with brackets? [closed]

The marginal utility of money decreases as income increases. Intuitively, if I take $100 from both Jeff Bezos and a minimum wage worker, they will both be worse off, but the impact on the minimum wage ...
4
votes
4answers
10k views

Better to make $999,999 to avoid the higher tax rate if made over one million dollars?

That's the question. Some people tell me that if Obama (for an example) imposes say 40% tax rate on people making 1,000,000 dollars, people would just make less than 1,000,000 dollars and still keep ...
42
votes
11answers
13k views

Is inflation a good or bad thing? Why do governments want some inflation?

Is inflation a good or bad thing? Why do governments want some inflation?