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When somebody makes $20M/year, do they really do it for the money at this point? Is it really what keeps them going? If so, I would argue that these people ar
by dudul 8y ago
When somebody makes $20M/year, do they really do it for the money at this point? Is it really what keeps them going? If so, I would argue that these people are mentally ill.
Do we have any study or proof demonstrating that if we applied a 100% tax rate above $20M/year people would just stop working?
And I don't see that as a punishment. The money not spend on crazy CEO incomes can be used to pay other workers better, or invest in innovation since that's what you brought up.
- RhysU 8y ago> Do we have any study or proof demonstrating that if we applied a 100% tax rate above $20M/year people would just stop working? I would likely stop working. Pay me $20M + $1 and let's check...