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Yes, they could do that, which is why income taxes also destroy value. They’re just not as bad as directly incentivizing people to stop working altogether.
by xyzzyz 6y ago
Yes, they could do that, which is why income taxes also destroy value. They’re just not as bad as directly incentivizing people to stop working altogether.
- javajosh 6y agoMost people will never get to their Enough number, so your point is moot. That is, even if by some miracle Enough caught on, and people did it, talked about it, and acted on it, not much would change except, at first, there would be a wave of retirements that, presumably, would open up positions for younger folks in the industry.