A Nerd Girl's Perspective

My Thoughts on News, Politics, Food, Crafting, Geek Culture, Sociology, and Much More —— Courtney C Horne

Tag: economy

It’s Not Just the Economy

When someone says to me the presidential election is just about the economy, I tend to get a little irritated. Sometimes if it is a straight man saying that I want to respond that he probably wouldn’t feel that way if he was gay or a woman. After all, the GOP has been very focused on the state level on limiting women’s reproductive health choices. The intrusion has gotten so bad that it prompted this website campaigning for women to fight back at the ballot box. Romney couldn’t walk into the oval office and change the law on social issues on his own but he can do something that can change things for our nation for years to come.

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People Find Marginal Tax Rates Perplexing

I was talking to a guy at a protest outside a $50k a plate Mitt fundraiser and he asked what I thought about France’s new wealth tax. He called it a 75% tax on people earning over a million a year. I explained that they only pay 75% on the income they make over the million.

This is the most recent time I have encountered confusion around marginal tax rates but it certainly is far from the first.

I decided to write a highly simplified explanation of how a marginal tax rate works so when you want to explain it to people you have an easy example for them to follow.

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