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You are assuming that those professionals choose to remain a part of the workforce due to their high income.

• pc86 11y ago
  No he's not. He's assuming that losing a large percentage of that income would be enough impetus to leave it.
  • dragonwriter 11y ago
    Those are equivalent assumptions, so there doesn't seem to actually be an argument here.
    • pc86 11y ago
      They're not at all equivalent. "I want to retire but I'm not going to because I am not willing to lower my standard of living to match what I will earn in retirement." vs. "My effective tax rate has increased and I can no longer afford my standard of living. I might as well retire now instead of in 5 years."