Quote:
Originally Posted by DeltaBetaBaby
Because it is a meaningless argument. We shouldn't raise taxes on everyone in the 1% because some of the people in the 1% will work less? So what? You know what happens when I pass on a contract? Someone else gets it, and then THEY pay taxes on it. In fact, spreading around the contracts so that two people are making 100K/year is far better for the economy than giving it all to me to earn 200K/year, is it not?
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No doubt people are making that claim, but I'm not. I'm pointing out merely that tax rates could plausibly affect individual behavior, and that behavior can have localized economic effects, rather than significant effects on tax revenue.