It is used to illustrate the concept of taxable income elasticity ( that taxable income will change in response to changes in the rate of taxation ).

Rawlin's response was that while Grant was a loyal member of the Republican Party, he would be unable to serve as president for financial reasons, since he would lose his lifetime military pension upon ascendancy to the White House, and the presidency did not provide any such income benefit.

The Maniots considered piracy as a legitimate response to the fact that their land was poor and it became their main source of income.

Furthermore, in response to inflation, supply-siders called for indexed marginal income tax rates, as monetary inflation had pushed wage earners into higher marginal income tax brackets that remained static ; that is, as wages increased to maintain purchasing power with prices, income tax brackets were not adjusted accordingly and thus wage earners were pushed into higher income tax brackets than tax policy had intended.

More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price ( holding constant all the other determinants of demand, such as income ).

The lack of emergency cooling facilities and inadequate response from civic authorities to the senior population, particularly in lower income neighborhoods in Chicago and other Midwest cities, lead to many deaths.

The ultimate answer to this question depends on ethical judgments into which the field of economics offers no insight, but it also depends on some of the bread-and-butter preoccupations of economics, such as the extent and nature of income inequality and the behavioral response of taxpayers to alternative tax systems.

* In response to the concern that progressive taxation creates an unfair psychological burden on the wealthy ; if the utility gained from income exhibits diminishing marginal returns, as many psychologists assert ( see Weber-Fechner law ), then for the tax burden to be shared in a utilitarian way the tax-bill must increase non-linearly with income.

In the longer term, however, the loss of government income may be mitigated, depending on the response of tax-payers.

The response was overwhelming, and when his income from PC-File exceeded " ten times " what he was making from his job at IBM, he decided to turn Buttonware into a full-time business.

In response to this demand, the Scotland Office decided against dividing up the Crown Estates, however has developed plans to allocate some of the Crown Estate income to the Big Lottery Fund, which would then distribute funds to coastal communities.

Peacetime income policies were resorted to in the USA in August 1971 as a response to inflation.

Such surveys potentially suffer from a number of shortcomings ; strategic behaviour, protest answers, response bias and respondents ignoring income constraints.

" he response was soon so overwhelming that he spent most of his time administering the site even though he received no income, loans, grants, or donations to compensate him for his time and effort or pay his expenses.

In response to this, Damodar gave up an income of 50, 000 Indian rupees to provide for the future of his wife, and continued to live and work with the Theosophical founders.

In response, Swift financed the initial production run on his own, then — when the American roads refused his business — he contracted with the GTR ( a railroad that derived little income from transporting live cattle ) to haul the cars into Michigan and then eastward through Canada.

In response to the economic difficulties facing the country, a group of supporters established The Claret & Blue Club in June 2009 with the aim of providing a steady income stream to Drogheda United FC.

Luck By Chance opened to a warm critical response, though its financial income was modest.

In response, Swift financed the initial production run on his own, then — when the American roads refused his business — he contracted with the GTR ( a railroad that derived little income from transporting live cattle ) to haul them into Michigan and then eastward through Canada.

But in response to a university budget shortfall of $ 10 million, a formerly $ 700 million endowment now reduced, and the loss of longtime donors who lost money through investments with Bernard Madoff, on January 26, 2009 the university announced it would close the Rose Art Museum in September 2009 and sell off a prized collection of contemporary American art, stating " The bottom line is that the students, the faculty and core academic mission come first.

In response to the shortfall, the station staged an emergency fund-raiser that took in $ 122, 000 in a day and a half.

Strikes and worker demonstrations often occurred in response to political crises, economic restructuring mandated by international financial organizations, and the failure of the government — occasionally for months at a time — to pay civil servants.

The creation of this coalition was in part a response to a restructuring announced by the new executive director, Rabbi Steven Wernick, without input from the field.

In May 2002, James Hogan became President and CEO of Gulf Air and instigated a three-year restructuring and turnaround programme, which was launched in response to a drastic fall in profits at the company and increasing debt.

This modality of treatment usually involves exposure and response prevention to situations that cause anxiety and cognitive restructuring of beliefs related to hoarding.

In response, a major restructuring of the company's loss-making food businesses was undertaken.

After more than 75 years of a general prosperity, B ' nai B ' rith began a massive restructuring at the turn of the 21st century in response to the changing face of North American Jewry.

European Works Councils were created partly as a response to increased transnational restructuring brought about by the Single European Act.

Moran has represented the $ 200 million salmon farming industry in Atlantic Canada ; was a strategist behind a lobbying campaign in response to the closure of a Canadian Forces Base that enabled the community obtain operating control of a valuable economic asset ; led a Federal / Provincial Government Industrial Adjustment Committee to deal with the closure of the Campbell Soup plant ; managed a hospital restructuring study for the Ontario Ministry of Health ; developed a strategic plan to position the telecommunications industry as an important voice in the lobby for competition in long distance telephone services ; managed a Feasibility Study – Business Plan Report prepared to preserve a historic Canadian Pacific Railway Station ; and developed a strategic plan to position a not-for-profit recycling business as a leading edge environmental and sustainable development company.

In response, the management team was shaken up, and special teams were assigned to loans review and restructuring.

Scout ' Eh was formed in response to a restructuring within Scouts Canada leading to what its members considered to be a non democratic management structure.

In some species of cyanobacteria, when both phycocyanin and phycoerythrin is present, the phycobilisome can undergo significant restructuring as response to light color.

Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout.

This system would be implemented into the national response plan for bioweapons attacks in the Netherlands.

The chief advocate and driving force for improving public health in Chicago was Dr. John H. Rauch, M. D., who established a plan for Chicago's park system in 1866, created Lincoln Park by closing a cemetery filled with festering, shallow graves, and helped establish a new Chicago Board of Health in 1867 in response to an outbreak of cholera.

On June 6, 2012 the Justice Department announced a pilot plan to establish joint federal-tribal response teams on 6 Montana reservations to combat rape and sexual assault.

The investigation portion of the response plan was completed with the release of the final report on 7 World Trade Center on November 20, 2008.

The advisory opinion was issued in response to a formal request made by the International Seabed Authority following two prior applications the Authority's Legal and Technical Commission had received from the Republics of Nauru and Tonga regarding proposed activities ( a plan of work to explore for polymetallic nodules ) to be undertaken in the Area by two State-sponsored contractors ( Nauru Ocean Resources Inc. ( sponsored by the Republic of Nauru ) and Tonga Offshore Mining Ltd. ( sponsored by the Kingdom of Tonga ).

The original plan was to use workers brought in from Europe ; however, there was a poor response to recruitment efforts, and African Americans — free and slave — comprised the majority of the work force.

This plan was later abandoned, but William continued to pursue a ferociously warlike defence of his French possessions and interests to the end of his life, exemplified by his response to the attempt by Elias de la Flèche, Count of Maine, to take Le Mans in 1099.

Following a decision by the Admiralty to dismiss 40 workers at the dockyard, Mintoff declared that " representatives of the Maltese people in Parliament declare that they are no longer bound by agreements and obligations toward the British government ..." ( the 1958 Caravaggio incident ) In response, the Colonial Secretary sent a cable to Mintoff, stating that he had " recklessly hazarded " the whole integration plan.

General Eisenhower called a meeting of all senior Allied commanders on the Western Front to a headquarters near Verdun, France, on the morning of December 19 to plan strategy and a response to the German assault.

:" The ability to perceive, desire, recall, plan and carry out roles, routines, tasks and sub-tasks for the purpose of self-maintenance, productivity, leisure and rest in response to demands of the internal and / or external environment.

In response to prodding from Lincoln and general-in-chief Maj. Gen. Henry W. Halleck, Burnside planned a late fall offensive ; he communicated his plan to Halleck on November 9.

Tapiola did not form part of any wider plan for Finland ’ s development other than von Hertzen ’ s Seven Towns Plan, a response to urban sprawl in Helsinki.

Q's response is to admonish Bond to " always have an escape plan ", after which he lowers himself through the floor of his lab.

Katrina was seen as the first major test of the nation ’ s new disaster response plan under DHS.

The program focus is the Pleasant and Narraguagus River Watersheds and they are in Phase one of a three phase process that conducts an assessment of issues and concerns in the watershed ( Phase I ), involves stakeholders in the creation of a management plan and response to the issues ( Phase II ), and seeks implementation resources ( Phase III ) to address watershed concerns.

In response to this blight, the College imposed a two year moratorium on logging while a plan was developed.

When therefore he establishes his eternal plan of " predestination ," he includes in it each person's free response to his grace: " In this city, in fact, both Herod and Pontius Pilate, with the Gentiles and the peoples of Israel, gathered together against your holy servant Jesus, whom you anointed, to do whatever your hand and your plan had predestined to take place.

The main thrust of critics ' argument is that the appropriate response to overpopulation is not to recruit hundreds of thousands of additional settlers, and the answer to overdevelopment in the north is not to build up the last open spaces in the second most-densely crowded country in the developed world ; rather, what is required is an inclusive plan for the green vitalization of existing population centers in the Negev, investment in long-awaited service-provision in Bedouin villages, clean-up of its many toxic industries ( such as Ramat Hovav ), and the development of a viable economic plan focusing on creating job options for the unemployed rather than promoting an influx of new immigrants and creating jobs for them.

Threatened with Dominion penetration into the inner sphere of the Federation, the Alliance forces were at a disadvantage, but were saved when the Romulan Star Empire entered the war on their side in response to an alleged, but faked Dominion plan of assaulting the Empire that Sisko and Garak created.

Executive function difficulties may manifest in terms of one ’ s ability to plan and organize, inhibit a prepotent response, or shift between tasks.

In 1992, in response to these complaints, CMS created a managed choice plan to reduce the number of students being bused.

In late 2011 and early 2012, Wyden attracted attention for working with GOP House Budget Committee Chair Paul Ryan to develop a Medicare reform plan that would result in the semi-privatization of the system, provoking a negative response from Wyden's Democratic allies, including President Obama.