4 ms·
> Say 4 of the high earners stop working as much (since their marginal rates are so high). I have literally never once heard or even heard of someone deciding
by awj 9y ago
> Say 4 of the high earners stop working as much (since their marginal rates are so high).
I have literally never once heard or even heard of someone deciding to work less because they don't want to pay as much in taxes.
- Pokepokalypse 9y agoOnly if they have another income source. For example: my ex said that she wanted to go down to part time work (to reduce our tax liability). I suggested maybe I should go down to part-time instead, since that would reduce our income more. (hell, I'd actually like to go down to FULL time. . . . ). Anyway, she didn't like the sound of THAT idea. One of the many reasons she is my ex.
- amscanne 9y agoOf course it happens. I knew a surgeon who chose to work half days because the marginal gains were not as good as working half days (in Ontario, so his marginal rate was ~50%).