A more progressive tax system makes people happier
Tuesday, September 6, 2011 - 14:30
in Mathematics & Economics
The way some people talk, you'd think that a flat tax system -- in which everyone pays at the same rate regardless of income -- would make citizens feel better than more progressive taxation, where wealthier people are taxed at higher rates. Indeed, the U.S. has been diminishing progressivity of its tax structure for decades.