Nordic countries are often portrayed as having fairer tax laws than the ones in America. However, their top marginal tax rate kicks in at much lower levels of income than in the United States. The use of relative terms like “fairness” muddies the discourse on taxes, leading people to reject absolutely efficient gains that they perceive as unfair- even though they may make everyone better off. Learn more: https://hvr.co/3IbMzZM | Hoover Institution
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