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To: jethropalerobber
i still don't see this holding in every day life. people will work harder if it means they get more money. you talk as though there were some kind of salary cap.

As a self-employed person, my marginal tax rate is approximately 46%: 31% income + 15% self-employment tax, based on last year's income. When I'm asked to take on a new client, for which I might make $500, I'm only going to get to keep $270 for the 5-10 hours that I will exert for those dollars. However, I will ask myself, 'do I really want to do this extra work, perhaps foregoing more enjoyable/non-economic pursuits, such as spending time with my family? If the tax rates were lower, I'd get a two-fold benefit: fewer hours needed to earn living expenses, and the opportunity to spend more time with my family, or other pursuits. So yes, there is a 'salary cap', in that there is a VALUE to our personal and professional time, for which we hand over WAY TOO MUCH to Caesar (the government).

One minor point: please show us the respect by taking the time to use proper punctuation in your posts. I understand this may sound elitist, but your views are overshadowed by your lack of attention to detail. Thanks!

85 posted on 01/21/2002 9:36:38 AM PST by Night Hides Not
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To: Night Hides Not
...I will ask myself, 'do I really want to do this extra work, perhaps foregoing more enjoyable/non-economic pursuits, such as spending time with my family?...

Your example is illuminating and gives me reason to rethink the issue.

please show us the respect by taking the time to use proper punctuation in your posts.

I do use proper punctuation. I just ignore capitalization, feeling that it does next to nothing for readability. Much as in your example, while I know there might be some small benfit in working harder at capitalization, it is just not worth the personal time I would have to give up (but for you, anything). 8^)

88 posted on 01/21/2002 9:55:52 AM PST by jethropalerobber
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