3 ms·
Until all of one's marginal income is at the highest marginal tax rate, the government has already done that calculation for you. At least until then, marginal
by RhysU 6y ago
Until all of one's marginal income is at the highest marginal tax rate, the government has already done that calculation for you.
At least until then, marginal utility is essentially linear with marginal gross.
Not sold? Boom, imagine that your loved ones are suddenly ill.