rePost::Marginal Revolution: The charity tax

The charity tax The estimated social pressure cost of saying no to a solicitor is $3.5 for an in-state charity and $1.4 for an out-of-state charity. Our welfare calculations suggest that our door-to-door fund-raising campaigns on average lower utility of the potential donors. via Marginal Revolution: The charity tax. We hate not doing/giving, but we […]

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rePost::The Rich *Are* Different | Angry Bear

This is an intersting read. What could this bracket be for the Philippines?? Can we even make a similar graph from data BIR has? NSO ? Sometimes wish a day has 2400 hours.(not too often) That said, there is an interesting qualitative change in the structure of income that starts to happen around this cutoff […]

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What’s Playing: The Taxman by The Beatles

Image by Getty Images via Daylife Performed by The Beatles Composed by George Harrison One, two, three, four… Hmmm! One, two, (one, two, three, four!) Let me tell you how it will be; There’s one for you, nineteen for me. ‘Cause I’m the taxman, Yeah, I’m the taxman. Should five per cent appear too small, […]

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Challenge To Wallstreet::Grasping Reality with Both Hands: Needed for AIG and the TARP: Silicon Valley Compensation Schemes

Punitive taxes on compensation that takes the form of long-term restricted equity stakes is a dangerous and destructive move. If the compensation bill that emerges from the conference committee does not allow TARP-receiving companies to offer such SVCSs, then Obama should veto it. And if the traders of Wall Street then quit en masse? If […]

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