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Really? You think there is a linear relationship between tax rates and hours worked? It's never worked that way in my experience, either as an employee or as
by michael_dorfman 16y ago
Really? You think there is a linear relationship between tax rates and hours worked? It's never worked that way in my experience, either as an employee or as a founder.
As an owner, you don't get paid for hours, full-stop. You get paid for outcomes. I don't know about you, but if the government raised the corporate tax rate by 5%, that would have no bearing on my desire to have my company succeed.
The same holds true, ceteris paribus, for my years as an employee. I worked hard (and a lot of hours) because I enjoyed what I was doing, and wanted the company to succeed, even if my income was divorced from the hours worked--as it was, most of the time, as a salaried employee. In other words, I got paid zero percent of the "extra hours", and yet still worked them, gladly, for other reasons.
Naturally, YMMV.