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Answer this question or i will kill u!

T

Techie333

Platinum Member
If tax brackets for taxable incomes stay the same overtime and everyones incomes increases due to inflation, I know the marginal tax rate would stay the same, but average marginal tax rate and total real tax collections would increase, right? I got that part. BUT what happens if the brackets are proportionately adjusted for inflation over time. What's the effect of inflation on the average marginal tax rate and total real tax collections?

EDIT: I had to edit the title coz nobody was paying attention!
 
What about a tax code that includes cost of living? For example, someone making X dollars can live comfortably in city A but someone else making X dollars in city B has to avoid taking shower and eating in order to pay the rent?
 
man.....alwayz w/ the smartarses on these forums......by the way....if someone can help for real.....the adjusted tax brackets apply to the u.s. as of 1985
 
Originally posted by: Techie333
man.....alwayz w/ the smartarses on these forums......by the way....if someone can help for real.....the adjusted tax brackets apply to the u.s. as of 1985
Click to expand...
It was a serious question.
 
Originally posted by: her209
Originally posted by: Techie333
man.....alwayz w/ the smartarses on these forums......by the way....if someone can help for real.....the adjusted tax brackets apply to the u.s. as of 1985
Click to expand...
It was a serious question.
Click to expand...
Well if it was, I dunno, that's sorta the same thing as an adjusted tax bracket. I.e. it would have the same effect on the average marginal tax rate and total tax collections if somebody can just tell me WHAT that effect would be please?
 
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RRRNNNNNNNNNHOOOOOOOOOOLLLLIOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
 
Originally posted by: her209
What about a tax code that includes cost of living? For example, someone making X dollars can live comfortably in city A but someone else making X dollars in city B has to avoid taking shower and eating in order to pay the rent?
Click to expand...

Take a dang shower already! 😛🙂
 
Do your own goddamned homework kid.

Even with all the resources available to your fingertips you still have to ask someone else to do it for you.
 
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