Word: marginalls
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Labour hopes that its proposals, which could also see fans offered right of first refusal to buy their club in the event that it was put up for sale, could coax many football fans to turn out for the party come election day. "There's the potential for [the plan...
With the health care victory in hand, Europeans will now want Obama to get back to issues more relevant to the continent, Schmitz wrote in Der Spiegel. While American politicians have battled over health care, "every other issue has become a sideshow," he says. "The Afghanistan mission: of marginal interest...
Last year British Prime Minister Gordon Brown raised his country's top marginal rate for income tax to 50% from 40%. This came on the heels of a decision to borrow more than $1 trillion over the next five years, bringing his country's public debt to 79% of GDP...
From a historical perspective this makes a great deal of sense. Consider that the top marginal rate peaked at 94% in the final years of World War II. It remained above 90% for most of the 1950s, and held steady at 70% during the 1970s. Republican Ronald Reagan emerged as...
Opinion is mixed about whether tax that primarily targets the rich would solve today's debt problems. "Once the marginal rate exceeds 40%, you get high levels of tax avoidance and evasion," says Daniel Feenberg, an associate with the National Bureau of Economic Research in Cambridge, Mass. (See the best...