Speaking of tax rates, the economist claims that the median federal tax rate, including all payroll taxes, is 11%. Yes, median is not average, but the relevant

Speaking of tax rates, the economist claims that the median federal tax rate, including all payroll taxes, is 11%. Yes, median is not average, but the relevant question is how individuals respond to the proposed 70% tax rate. http://www.economist.com/node/21563725?spc=scode&spv=xm&ah=9d7f7ab945510a56fa6d37c30b6f1709 http://www.economist.com/node/21563725?spc=scode&spv=xm&... Also, note that some jobs don't scale much regardless of technology. To significantly reduce employment, work that doesn't scale places huge reqts on work that does.