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This! Serious economics papers are always about studying different progressive tax functions. Nobody cares about specific thresholds to separate "the rich" from
by CarolineRommer 2y ago
This! Serious economics papers are always about studying different progressive tax functions. Nobody cares about specific thresholds to separate "the rich" from the rest. It's a moot point because wealth is a continuous variable (approximately Pareto with tail index between 1 and 2, to be precise).