Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site asgb.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!mit-eddie!genrad!decvax!ittvax!dcdwest!sdcsvax!bmcg!asgb!devine From: devine@asgb.UUCP (Robert J. Devine) Newsgroups: net.legal,net.taxes Subject: Re: Abuse of social contracts. (tax system) Message-ID: <644@asgb.UUCP> Date: Wed, 27-Feb-85 14:53:05 EST Article-I.D.: asgb.644 Posted: Wed Feb 27 14:53:05 1985 Date-Received: Fri, 1-Mar-85 09:26:17 EST References: <2748@dartvax.UUCP> <445@ahuta.UUCP> <399@lsuc.UUCP> <110@styx.UUCP> <659@genrad.UUCP> Organization: Burroughs Corp. ASG, Boulder Colo. Lines: 21 Xref: watmath net.legal:1474 net.taxes:750 >> "Progressive taxes are bad because they take away incentive to >> work hard and earn more" > > How many people do you know that have decided to reduce their > work effort because it wasn't worth it due to the tax system? > > No one has ever demonstrated the truth of the quote on the > first line. Would you turn down a chance to earn $5000 more if > you could only get to keep $2500? > > If anyone out there can refer me to a legitimate controlled > study that gives some credence to that quote, please post it. > > Herman Silbiger I think it has been demonstrated that people DO reduce their work effort for work that is heavily taxed. They then increase the amount of effort is ways that are less taxed. Witness tax shelters, money spent on tax accountants & lawyers. Bob