Courier, Express, and Postal Observer--Currently there is a major argument over whether the Bush tax cuts should be extended for those earning high incomes. The argument is being fought on traditional left-right, Democratic-Republican lines.
While some argue that raising rates on the highest earners will hurt job creation, I am not persuaded by that argument for three reasons. First, it is not clear that the increase in marginal rates will affect the willingness high-income earners to work especially when individuals face real concerns about the risks they face in order to generate income now until they retire. Read more!
While some argue that raising rates on the highest earners will hurt job creation, I am not persuaded by that argument for three reasons. First, it is not clear that the increase in marginal rates will affect the willingness high-income earners to work especially when individuals face real concerns about the risks they face in order to generate income now until they retire. Read more!