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The Higher Tax means I will work Less is a Old Strat­egy:) I did that Dur­ing the Carter Admin­is­tra­tion. I worked until I got the Max in the Tax Bracket and Quit till the next year… A lot of Con­struc­tion hands did the same.…

Amplify’d from www.ashokkarra.com

The Higher Tax means I will work Less is a Old Strat­egy:) I did that Dur­ing the Carter Admin­is­tra­tion. I worked until I got the Max in the Tax Bracket and Quit till the next year… A lot of Con­struc­tion hands did the same.…

Greg Mankiw, “Higher Taxes Mean I’ll Work Less” (h/t Megan McAr­dle; bug­menot may of use) — from the arti­cle: With­out any taxes, accept­ing that editor’s assign­ment would have yielded my chil­dren an extra $10,000. With taxes, it yields only $1,000. In effect, once the entire tax sys­tem is taken into account, my family’s mar­ginal tax rate is about 90 per­cent. Is it any won­der that I turn down most of the money-making oppor­tu­ni­ties I am offered? Simon Rip­pon, “Sam Har­ris, the Nat­u­ral­is­tic Fal­lacy, and the Slip­per­i­ness of Well-Being” — yeah, the “just” and the “good” are indeed dif­fer­ent enough. Ario Farin, “All that is solid” — from the post: Leipzig is on the verge of com­plet­ing a major con­struc­tion project which aims to regen­er­ate the city and its hin­ter­land to attract more out­door and water sports tourism. To this end, an intri­cate net­work of cycle paths has been laid out and con­nected away from the main roads and through the city’s rem­nants of nature, such as the Auen­wald, the flood­plain for­est around which Leipzig was built. Christo­pher Hitchens, “The Politi­cians We Deserve” — no com­ment necessary. Read more at www.ashokkarra.com

 

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