/biz/ - Business & Finance

>>13179011
Why would you work when you're keeping less than half of what you earn?
Why would a world class heart surgeon perform surgery when he's getting less than half the money for the same amount of work. He wouldn't, so the waiting list gets longer, or the price of the surgery gets even higher so that he can get adequately compensated, because the government is taking more than half. Meaning people die on waiting lists or can't afford surgery.
The Rock has a valuable skillset. Why would he star in another movie when he gets 30% of the money for the same amount of work. He wouldn't, so he stays at home, the movie doesn't get made, and all the other people who would have gotten a job if he signed on, the boom mic operator, the extras and so on don't get a job.
Is the point of this to increase revenue, or to punish the rich?
https://www.youtube.com/watch?v=0lxD-
gikpMs
Sweden had high marginal tax rates in the 1970s, and it was the lowest point for the economy.
Reagan tax cuts increased government revenue
The proposed brackets you are talking about not only are uneffective, but immoral.