A modest proposal: A plan to give municipalities access to personal income taxes

The opinions and recommendations in this report, and any errors, are those of the authors, and do not necessarily reflect the views of the funders of this report. [...] Specifically, the cities having the choice of adding on to the federal rate in any of the four top brackets. [...] The effect of these other tax optimizations is limited in the overall estimates and amount to 2.2 per cent less revenue in the second bracket and a 1.2 per cent lower revenue in the top bracket. [...] The assumptions and calculations underlying the simulation were prepared by David Macdonald and the responsibility for the use and interpretation of these data is entirely the author’s. [...] The assumptions and calculations underlying the simulation were prepared by David Macdonald and the responsibility for the use and interpretation of these data is entirely that of the author’s.