Psychological Effects
In a study published in 2011, which included the use of data from 54 countries, the authors stated, "our results showed that progressive taxation was positively associated with the subjective well-being of nations", later adding, "we found that the association between more-progressive taxation and higher levels of subjective well-being was mediated by citizens’ satisfaction with public goods, such as education and public transportation."
Read more about this topic: Progressive Tax
Famous quotes containing the word effects:
“The hippie is the scion of surplus value. The dropout can only claim sanctity in a society which offers something to be dropped out of—career, ambition, conspicuous consumption. The effects of hippie sanctimony can only be felt in the context of others who plunder his lifestyle for what they find good or profitable, a process known as rip-off by the hippie, who will not see how savagely he has pillaged intricate and demanding civilizations for his own parodic lifestyle.”
—Germaine Greer (b. 1939)