fiscpolny
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Impact of increased labor income
I'm trying to figure out how the total economic (output) impact from an increase in labor income can be less than the income increase. In theory, of course, the income recipients could spend very l...
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Federal tax impact
Setting up an impact in sector 5001, employee comp, with a change of $1 million for a region, the total Federal tax impact ranges from 2% to 5% (of $1 million). Given that total payroll taxes (FI...