| I sympathize, brien. Sounds like your son is afflicted by a regressive tax system. When most of the overtime pay of a wage-earner is sucked up in taxes, something's far wrong.
By contrast, when most of the earnings of a true fatcat are sucked up in taxes, well what remains is to make sure that tax money isn't squandered.
In most cases at the fatcat level, it's gone beyond the point of earning more money. Instead, people are in it for The Game, The Status, whatever. Let them have those rewards (and a hefty chunk of their earnings as well), but the rest should go to wealth redistribution (useful public-sector jobs, etc. etc.), on which the consumer economy is dependent in any case.
Among other things, this takes the fiscal pressure off the guy in the carton-printing plant.
"I wish I was as cocksure of anything as Tom Macaulay is of everything."
-- Viscount Melbourne |