Questions tagged [politics]
The politics tag has no usage guidance.
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?
