-
For people with very high incomes, the rise in marginal tax rates would be smaller, but to the extent that itemized deductions rise with income, the loss of those itemized deductions means that the cut in marginal effective tax rates on high income people will be less than the cut in statutory rates.
FORBES: Even if Governor Romney's Tax Plan Could be Made to Add Up, It Wouldn't Make Any Sense
-
"When the marginal investors have to start selling at a loss, that's when we'll see others jump in, " he says.
FORBES: Look Out Below, Home Buyers
-
Defeat at the next election, the likely loss of many centrist MPs with marginal seats, and the party's reliance on union money (74% of donations in the first half of 2008 came from organised labour) may well make Labour turn left.
ECONOMIST: The trade unions are not as fearsome as they look
-
But deterring congestion will in many cases require charging more than the marginal social cost of motoring, and this will impose economic loss on society instead of stemming it.
ECONOMIST: A survey of commuting