There are lots of people who don't try to make more money because of roadblocks put in by the government. Obviously the uber-rich like Mark Zuckerberg or Bill Gates don't care that much about taxes but for someone in the low to middle income brackets it can be challenging to move up as you pay more in taxes and receive less help from the government.
If you make enough money that you can live comfortably and you would have to move up a lot to counter the offset to make more money in the next tax bracket, I think the majority of people would not bother. Outside of HN, a lot of people are satisfied with making an okay salary and having steep tax bracket changes just amplifies that. Obviously, everyone would like to make more money if they could do so easily but if it is very difficult to do so, a lot of people will not be bothered.
The people who do want to make a lot of money and become rich, well if they have to deal with crazy taxes, they are going to either find away around the tax laws, or simply leave the country which both options are not good for the country.
> Obviously the uber-rich like Mark Zuckerberg or Bill Gates don't care that much about taxes but for someone in the low to middle income brackets it can be challenging to move up as you pay more in taxes and receive less help from the government.
The people in the middle income brackets don't want to move up, in the sense that they don't want to work 20% harder, to get a 3% increase in their paycheck. (Which is how most employers 'reward' hard work.)
That's because effort and remuneration aren't linked in a 1:1 fashion, not because the marginal tax bracket for the next dollar they earn is three percent higher than the previous one.
If you make enough money that you can live comfortably and you would have to move up a lot to counter the offset to make more money in the next tax bracket, I think the majority of people would not bother. Outside of HN, a lot of people are satisfied with making an okay salary and having steep tax bracket changes just amplifies that. Obviously, everyone would like to make more money if they could do so easily but if it is very difficult to do so, a lot of people will not be bothered.
The people who do want to make a lot of money and become rich, well if they have to deal with crazy taxes, they are going to either find away around the tax laws, or simply leave the country which both options are not good for the country.