Tag Archives: relative wealth

Skewed Perception: American Attitude Toward Taxes

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The word “taxes” can stir up many emotions for Americans. The general attitude of citizens toward taxes can be ambiguous and unclear. It’s Always Sunny in Philadelphia, a television series on FXX, captures this picture in one of their recent episodes. Two of the main characters become troubled after finding out the local mental institution has released its patients because of statewide cutbacks. One of the characters suggests that they must pay more in taxes to keep these hospitals open. The other character becomes angry and says, “How much do these vultures need? I already pay a ton in taxes… Continue reading Skewed Perception: American Attitude Toward Taxes→

What Percent are You In, and Will it Make You Happier

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Would you rather make $100,000 a year or $200,000 a year? You probably think that’s a dumb question, and in its current form, it is. Of course you would rather take home twice the money. You can make the argument that you’d have to work more, or work in a field you don’t like, but for this case, we’re assuming that for the same job, if you could either make 100,000 or 200,000 dollars, you’d pick 200,000. However, the answer may actually change based on what your peers make. Researchers have found people are happier based on their relative wealth Continue reading What Percent are You In, and Will it Make You Happier→