| 41. | In this case, the optimal income tax may involve taxing billionaires at very high marginal rates.
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| 42. | Not an issue _ while single mothers can pay a higher marginal rate than the prosperous.
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| 43. | Our tax lodestar has been low marginal rates.
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| 44. | As a result, such a flat marginal rate is consistent with a progressive average tax rate.
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| 45. | But by 1994, the income of the wealthy was rising rapidly, despite the higher marginal rates.
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| 46. | Where MRS is the marginal rate of substitution.
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| 47. | Some of the marginal rates become quite high.
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| 48. | Both taxes are equally progressive in statutory terms, with a top marginal rate of 40 %.
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| 49. | The rich, that is, paid higher marginal rates.
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| 50. | The Tax Relief available on contributions are granted at the contributors highest marginal rate of tax.
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