Can Money Buy Happiness? Yes, but Only $83,000 Worth of It.

Yearly household pre-tax income seems to predict happiness until about $83,000 (circa 2016), at which point higher tax brackets cease to predict greater happiness levels. In a now famous study, Drs. Kahneman and Deaton gathered data on household income, emotional well-being, and life satisfaction from more than 450,000 citizens of the United States between 2008 […]

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