- Jun 18, 2009
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You are a graduate student and can't tell the difference between having a job and being productive?And if your incentives punish productive people then they will stop being productive.
You're right. My wife and I will both quit our jobs if they raise taxes, because we don't need money to live.
The rich have the luxury of being able to quit their jobs if the tax rates get too high for them. The poor and middle class, on the other hand, are forced to work that much harder when taxes go up for them, to make up the lost income.
For every CEO that retires a year early because tax rates went up, there is someone chomping at the bit behind him to start their career as a CEO 1 year earlier.
You can have a job and not be productive. Perhaps you need to take a few human psychology classes.