Jul 17, 2022
We can take the marginal tax rates too far. High income earners do drop out of the economy.
https://medium.com/common-sense-please/high-marginal-tax-rates-9e5990b46a1e
I don't see much difference between seting a marignal tax rate or pricing a product for what the market will bear. Tax the high earners until we start seeing them "take a more relaxed lifestyle."