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by webmaven
2152 days ago
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On a per-dollar basis, you indeed get more marginal utility from the extra dollar than the government would. But on a percentage basis (in a progressive taxation scheme, and especially in the higher tax brackets) the government gets more marginal utility from a 1% tax increase than you would from a 1% tax break. |
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In any bracket and at any percentage, the government will be adding $x to it's huge budget by taking $x from an individual or organization's much smaller budget.
(* Note that it really isn't valid to compare marginal utility between entities. It's an individual, relative measure, rather than an absolute quantity.)