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by raverbashing 3871 days ago
Think of marginal rates (because the top rates only apply at the higher salary ranges)

Would you like to get a $100 pay raise and get only an effective $20 pay raise? Would you bother working more for that?

People will always have a sense of fairness. And we're not talking about the very rich there (which usually pay a smaller effective rate), we're talking about people with high earnings, but usually not millionaires.

1 comments

At the hundreds of millions and higher club it's all a form of dick measuring contest anyway, so yes... Those people would do what they do even if the tax rate were 99%.