Articles on progressive tax rates

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Tax reforms generally imply a trade-off between average income and inequality. from www.shutterstock.com

How raising tax for high-income earners would reduce inequality, improve social welfare in New Zealand

At 33%, New Zealand's highest income tax rate is relatively low compared to other economies. Lifting it and cutting tax for low-income earners could improve welfare.
Why so grim? Oh, tax cuts. AP Photo/Pablo Martinez Monsivais

Why tax cuts make us less happy

The Republican tax plan would ultimately make the current system less progressive while reducing the overall burden, two things research shows make countries less happy.

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