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