>There is no tax rate system that will ever tax any income at more than 100%. If you earn an extra dollar, you may only ever take home $0.01 (because you owe $0.99 in taxes). You might even take home nothing in some hypothetical 100% marginal rate tax regime, but nobody has ever proposed a system where you owe more than $1 on any $1 of income.
You didn't even read what I wrote. This was about income after taxes increasing when working less. Which happens in bracketted progressive tax systems.
>Yep, that's precisely the belief
I know. It is of course also the single easiest way to destroy any economy.
I really hate it if people like you just pretend to argue for something you don't really believe in.
You didn't even read what I wrote. This was about income after taxes increasing when working less. Which happens in bracketted progressive tax systems.
>Yep, that's precisely the belief
I know. It is of course also the single easiest way to destroy any economy.
I really hate it if people like you just pretend to argue for something you don't really believe in.