[justlikereddit]

>I think people's claims that they will stop working are generally more bark than bite

They stop paying taxes and work off the books instead but you don't announce that publicly for obvious reasons.

The incentive to do this increases with tax pressure. The willingness of people to pay for tax-free work equally increases because you'll pay less.

There's also an increasing asymmetry of what the government gains from a tax hike versus how oppressive it becomes that becomes unfavorable as tax rates go up.

[bryanlarsen]

The type of people who will work off book to avoid 50% taxes will generally also work off book to avoid 25% taxes, so increasing the tax rate does not have a large effect on the hidden economy ratio.

[whimsicalism]

okay, i hope you are pushing for social security and medicare cuts then. hard choices are hard for a reason.