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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (652964)4/26/2012 11:15:21 PM
From: Wayners1 Recommendation  Read Replies (1) of 1579790
 
If I do 10 units of work and pay 1 unit of taxes at first then I do 10 more units of work and pay 7 units of taxes, the net benefit of 10 units of work is 3 units of pay. It's the same as getting a pay decrease for the same work. If I work 10 more units of work and pay 10 units of taxes why work at all. If I work 10 units of work and pay 15 units of taxes I guess I should work some more! It's called the Laffer curve.
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