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Exact(5)
(For the sake of comparison, we'll convert our marginal payroll figures to 2011 dollars).
In 2011, this theoretical floor would be $11.6 million; any amount spent above this threshold is a team's marginal payroll.
One can rate any team's payroll efficiency by using a statistic called marginal payroll per marginal win, which sounds more complicated than it is.
CHART: Little Bang for the Buck: Since 1988, the Mets have a prominent place among teams with the highest marginal payroll per marginal win over a three-year span.
The growth of the employer wedge after mid-2009 amountod to about a 3 5percentt increase in the marginal payroll tax rate on employers, and is large by historical standards.
Similar(52)
The rise in tax complaints predates the recent marginal income tax and payroll tax hikes.
And so far, the debate has rightly focused on his proposed increases in marginal tax rates and payroll taxes.
Between the 1970s and the 1990s, the U.S. marginal rate (inclusive of payroll taxes) stayed fixed at about 40%, while the French rate rose to 59% and the Italian rate to 64%.
I've made a version of this point before, and since then I've been heartened to see writers like Carroll and Tim Carney make supportive noises about (for instance) breaking with the longstanding conservative emphasis on slashing the top marginal tax rate and focusing on payroll taxes instead, which would be a solid step toward a more plausible right-of-center domestic policy.
On the other hand, as Scott Shane of entrepreneur.com comments "three of its major components discourage small business job creation: the end of the payroll tax holiday, higher marginal tax rates on the wealthy and the increase in capital gains tax rates".
They argue that raising payroll taxes would dramatically raise the marginal tax rate on the upper-middle class as well as the wealthy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com