"Mankiw effective tax rate." (I just love that.)"
For example, look at the results for 2012. Under current law, the Bush tax cuts will expire, and the average marginal tax rate, calculated using my quadratic averaging, will be 28.7 percent. If the Bush tax cuts are extended, the average marginal tax rate will be 25.5 percent. The McCain plan would keep the average marginal tax rate at about this level (25.3 percent), while the Obama plan would raise the average marginal tax rate to 28.0 percent.
This is ordinary people talking, wonder why people so ga ga, you can imagine, great recognition these people made their day, they just love him, says they love him amzing stuff! gosh! Having a great time make feel good many people understanding all around good – feel goody goody each other! So as I know now what is dear face "Quadratic Averaging"
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