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"It's the basic marginal benefit of each extra dollar.
Once a candidate has spent enough to become known, the value of each extra dollar falls.
In 1980 the wealthiest taxpayers faced a marginal tax rate of 70percentt -- that is, they got to keep only 30 cents of each extra dollar they earned.
If the prospect of keeping only five cents of each extra dollar earned does not discourage work, it is hard to imagine what might.
According to the Berkeley economist Emmanuel Saez, between 2009 and 2012 the top 1% of American households took 91 cents out of each extra dollar that the country earned.
But it does funny things to marginal tax rates: in the phase-out period relatively low-paid workers keep shockingly little of each extra dollar they earn.Snakes and laddersOther means-tested goodies compound the problem.
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At present, married couples whose annual taxable income exceeds $250,000 pay 39.6% on each extra dollar of income.
The latter corresponds to an increase of 0.00075 for each extra percentage point of the ratio of available to minimum HF staff and equipment.
A man aged 68 in October who wants to top up his pension would pay a lump sum of £827 for each extra £1 of weekly state pension he would like to receive for the rest of his life.
The credit phases out at a 5% rate, meaning taxpayers lose $50 of credit for each extra $1,000 of AGI over $150,000 for a couple, or $75,000 for a single or single parent.
Moreover, the coefficients in the regression models for GA and PNA were similar, indicating that the degree of gliosis increased the same amount for each extra week of gestation and for each extra week of postnatal life (data not shown).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com