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Terrible tax if anyone thinks about the consequences. Taxing work.
The highest bracket used to be 90 percent!
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It’s not as straightforward as it seems. Taxing work can actually make people work more, because it takes more hours to maintain their desired standard of living.
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(he writes as he's not working)
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Just because I’m not working doesn’t mean I’m not logging hours.
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no good reason not to, taxing income is immoral