"Do you really think that a higher tax rate will stop an entrepreneur from creating a company"
No, but more likely to sell early, give up more easily when the going gets tough, not invest as much in growth (and pocket the profits)... Yes. This is all about decisions "on the margin." It's truly a canard to suggest, as you do, that incentives don't matter.
"there was also a reason why there were bloody revolutions against the aristocratic class"
Please. Would you rather make $70k/yr today or $70k in 1900. Let's not pretend the pie is smaller today for those in middle or even bottom.
No, but more likely to sell early, give up more easily when the going gets tough, not invest as much in growth (and pocket the profits)... Yes. This is all about decisions "on the margin." It's truly a canard to suggest, as you do, that incentives don't matter.
"there was also a reason why there were bloody revolutions against the aristocratic class"
Please. Would you rather make $70k/yr today or $70k in 1900. Let's not pretend the pie is smaller today for those in middle or even bottom.