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> my local tax system strongly disincentivizes this by effectively having a 62% marginal tax rate So high tax rates can be an incentive to work less...
by baron816 5y ago
> my local tax system strongly disincentivizes this by effectively having a 62% marginal tax rate
So high tax rates can be an incentive to work less...
- deleted 5y ago[deleted]
- hnra 5y agoYou just have to make enough money so you can escape it. All tax systems are regressive if you are rich enough.
- missedthecue 5y agoBut even then, taking home 65 cents on the dollar vs 38 cents on the dollar (or euro) are very different things.
- wolfram74 5y agoActually, since it's discouraging him from working 20% over a 5 year block instead of 80%, this is an incentive to work /more/ :p
- deleted 5y ago[deleted]