A Comment About

Ask Dr. Helen: Is It Time to ‘Go John Galt’?

October 15, 2008 - 12:10 am - by Helen Smith
Randomizer
2008-10-16 13:46:38

Actually the question is not:

“Wow, so raising taxes on people whose take-home pay 4% or so is enough for you to quit your country government.”

It’s the amount over $250K that would be subject to the increase. So if you make $300K the increase would be 4% on the last $50K or less than 1% on the total. If you make $500K it would be 2% on the total, and so on.

That’s a pretty flimsy last straw.