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If you can lower the marginal rate and still collect the same tax, you can eliminate some of the headwind caused by a highly progressive tax system.
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She glosses over their male counterparts who, to be sure, are having similar struggles to find employment in their chosen fields amidst ongoing layoffs and the snails-paced rate of job growth, and instead focuses on the over-achieving class of females who now collect more higher education degrees than our male classmates.
FORBES: Young And Underemployed: The Lasting Effects Of The Lost Generation
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And investors will respond to new rate hikes by realizing fewer gains, further reducing the amount of revenue Treasury would collect.
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Another was to use foreign currency: the bank could lend, or accept a bill of exchange, in one currency and collect its debt in another, building a hidden rate of interest into the exchange rate.
ECONOMIST: Millennium issue: Banking