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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (530584)11/19/2009 11:23:31 PM
From: TimF5 Recommendations  Read Replies (1) of 1576178
 
For a few bucks people will stop trying to earn and advance...what nonsense.

If people work hard to get thousands of extra in gross income, and lose net income (after including the effects of taxes and subsidies), they may be reluctant to do so in the future. If they figure out the effects before trying to increase their gross income, they may not do it in the future. People respond to incentives. If hard work = less money, people aren't going to rush in to it eagerly.
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