> Ah yes for the working class, I can see a 99% tax rate would very likely have this effect. I'm still wondering if we stayed in more realistic ranges, is a 40%

> Ah yes for the working class, I can see a 99% tax rate would very likely have this effect. I'm still wondering if we stayed in more realistic ranges, is a 40% tax rate, or even a very high 60% tax rate by US standards, a real disincentive to earning more money? For me, and for people like me, it would be. I work high-paying shit jobs precisely because they pay a lot. The amount of saving I'm able to do in these jobs is life-changing (i.e. FU money after 5-8 years). If most of that money went to taxes, there'd be little point in doing them and I might as well induldge in doing something more satisfying instead.