Amazon shares are up a marginal amount, and Zynga (which launched a new game this week, ChefVille) is up roughly four percent.
When we put the point in these terms we find ourselves coming right back to the usual old arguments about how large government should be: for it is about the value that we get from the marginal amount of government.
FORBES: If higher taxes are spent wisely, then a tax hike causes a big fall in employment.
The increase in payroll tax decreases the amount of marginal dollars many consumer will have.
Before then, in the boom years, central banks operated with much smaller balance sheets, supplying a modest amount of marginal lending to smooth out the bumps in markets.
As a result huge amount of marginal land has been taken in as pasture, overgrazed to the point of exhaustion, and now farmers are being forced to watch the topsoil literally blow away on the spring winds.
Under non-marginal cuts, you get the full amount of the cut no matter if you work more or not.
Any amount converted at a 33% marginal tax rate this year that could be converted later at a 28% tax rate would have to appreciate more than 17.9% to make the conversion worthwhile.
FORBES: Roth IRA Conversion 2012: Roth Calculator for Mr. Esq
Decorating is important too, although no amount of frosting will cover-up marginal ingredients or careless baking.
The red line represents the top marginal tax bracket while the blue line shows the total amount of Federal government revenue each year.
Certainly, raising an equivalent amount of tax revenue through means other than increases in marginal tax rates would likely have a smaller negative incentive effect.
In private markets, people are likely to acquire levels of education beyond basic literacy and numeracy, so the amount of education that would emerge in the market is probably that for which the marginal benefit is equal to the marginal cost.
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