From: bard@CS.Cornell.EDU (Bard Bloom)
Newsgroups: alt.religion.scientology
Subject: Progressive income tax
Message-ID: <1991Aug8.131238.24748@cs.cornell.edu>
Date: 8 Aug 91 13:12:38 GMT
References: <1991Aug2.071725.11789@parc.xerox.com>> <COVIN.91Aug2161638@despair.cs.uchicago.edu> <1991Aug7.204018.8446@fxgrp.fx.com>
Sender: news@cs.cornell.edu (USENET news user)
Organization: Cornell Univ. CS Dept, Ithaca NY 14853
Lines: 16
Nntp-Posting-Host: brigid.cs.cornell.edu

In article <1991Aug7.204018.8446@fxgrp.fx.com> raphael@fx.com (Glen Raphael) writes:
>And what is *right* with the sales tax is:
> [...]
>
>2) The progressive income tax discourages people from making money, by
>reducing the link between how productive you are and how much take-home
>pay you end up with. This is bad for the economy as a whole, including
>the poor.

I understand now!  I keep seeing all these Wall Street types and
industrialists and lawyers and whatnot saying, "Yeah, I *suppose* I could go
earn another ten thousand dollars this week, but there's really no point to
it.  I'll think I'll just stay at home and read another dekalogy instead."
So *that*'s why they're doing it.   That's why nobody in the country seems to
want to earn more than about $40,000/year.  That's why nobody with a large
salary gets upset about not getting raises.  I understand it all now.