Wednesday, March 11, 2009
Progressive taxes: forget rates, let's bracket
A great post on fivethirtyeight.com looks at the top tax bracket historically. Summary: the rate has been much higher than the current sub-40, but the bracket also applied to much higher income levels. His thought: instead of just undoing the ill-conceived Bush tax cuts, slap on a millionaires tax bracket with a higher rate.
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1 comment:
interest rates:ln e || tax rates:?
Or, why do we have plateaus in our tax rates instead of a continuous function?
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