Your English writing platform
Discover LudwigExact(59)
Marginal rates would be low.
The current system taxes higher incomes at higher marginal rates.
I can't say marginal rates don't matter at all.
Marginal rates on top incomes have come down.
"This permitted married taxpayers in community-property tax states to avoid the higher marginal rates.
But we know that very high marginal rates of income tax are counter-productive.
The intermediate marginal rates would also be cut year by year over five years.
But by 1994, the income of the wealthy was rising rapidly, despite the higher marginal rates.
Marginal rates are what taxpayers owe on the last dollar of taxable income.
Those moves helped prod Austria, and eventually, Germany, to cut high marginal rates as well.
And one of the reasons to cut marginal rates is to encourage economic activity.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com