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UK Emergency Budget
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06-22-2010, 11:44 PM
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Z2sc8gEz
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Oct 2005
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Did you even read what I wrote? That would imply the same tax rate.
A single tax bracket of say 5% is not regressive or progressive IF I understand correctly. I haven't factored in the concept that additional income could have decreasing marginal value.
Furthermore by just waiting to spend it you are sacrificing the ability to spend the money now, which is probably significant.
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