Home › Forums › Other › A Liberal Supermajority › actually higher marginal tax
actually higher marginal tax rates may actually increase salaries.
If you are paid pre-tax as an expense of business, then, every increase in marginal tax rates encourages Business to hire more people.
After all, why not improve productivity, and if we are going to be taxed, let’s spend it on the staff.
now if you are a household employee, then you are paid post taxes, so certainly nanies and gardeners will be hurt.
But frankly we have seen stagnating working class incomes for 20 years, so, cutting taxes sure hasn’t trickled down to them.
