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by yummyfajitas
5226 days ago
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Has anyone at any wealth level ever simply stopped making money because he was upset about taxes? Yes, it happened to Ronald Reagan. When the top tax rate was 90% (he was an actor at the time), he chose to make only two movies/year. He saw little point in making more movies since he wouldn't get paid for it. http://toomuchonline.org/the-tax-that-turned-ronald-reagan-r... |
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Meanwhile, a true artist, would make movies no matter what the top tax rate was, because he had the urge to. Artists have worked for nothing for ages, in order to create.