Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds

Re:Tax Cuts Don't Lead to Economic Growth, a New 65-Year Stu... by joshuaheard on Tuesday September 18, 2012 @02:34AM (#4536697)

I've been looking for reasons to retire, and if the tax rate were 90%, I'd be out.

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Re:Tax Cuts Don't Lead to Economic Growth, a New 65-Year Stu... by Gustomaximus on Tuesday September 18, 2012 @04:17AM (#4536973)

Do you understand marginal tax rates? Hypothetically if tax rates did move to 90% on personal income this would most likely be triggered on such a high tier of income you would already be working because you want to, and not for financial need. Also once you average out the tiers leading to 90% you will pay a lot less than this 90% you're throwing out there.

Edit: spelling

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Re:Tax Cuts Don't Lead to Economic Growth, a New 65-Year Stu... by yen223 on Tuesday September 18, 2012 @02:50AM (#4536747)

Luckily no one is proposing 90% taxes then.

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