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Getting to choose how many hours one works is not typical. Many below you are in the 60-70 hour a week category and have no choice.
That would be a pretty light week for me. Life is full of choices. If you make the right ones, then you get even more choices.
But none of this gets at my point, which is, when you have to work hard for your money, how many people are going to choose to work hard If the government is going to take away 70%?
The government is not going to make more off of these people, they will just get less productivity.
... when you have to work hard for your money, how many people are going to choose to work hard If the government is going to take away 70%?
The government is not going to make more off of these people, they will just get less productivity.
There’s a threshold beyond which additional taxation is counterproductive, in terms of raising additional revenue, even if it supposedly accomplishes laudable social ends. What that threshold happens to be, is of course a matter of opinion – and culture. In ethnically homogeneous small countries – such as those in Scandinavia – with a strongly egalitarian tradition, a higher level of taxation is tolerated. In more variegated and fragmented countries, that tolerance-level will be lower.
If you advocate any scheme where some people pay more than the benefits they actually receive; and other people pay less than what they receive, you will never arrive at anything people will agree is "fair". Never.
What is the fair share? How much income tax should a person pay?
ZERO!
No income based taxing is fair, or productive.
Government does not "earn" anything. Everything government has today, they took it from somebody.
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