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<blockquote data-quote="tRidiot" data-source="post: 2004367" data-attributes="member: 9374"><p>Let's see... if I work more and earn more, I get penalized by paying a higher percentage in taxes. Therefore, in order to make an extra dollar in the top tax bracket, I have to work harder to make that same dollar than if I were in a lower bracket. Thus, I am making less <strong>per hour worked</strong>, although my net may be somewhat higher, due to putting in increasingly higher hours. It just isn't worth it to work that much harder to achieve a lower gain than if tax rates were low.</p><p></p><p>I'm looking at cost/benefit analysis of my time vs my net reward. There comes a point where time at home with the fam and relaxation time becomes more important than the cash reward, and higher taxes simply make that break even/tipover point come that much earlier. For me.</p><p></p><p>It's actually quite simple.</p></blockquote><p></p>
[QUOTE="tRidiot, post: 2004367, member: 9374"] Let's see... if I work more and earn more, I get penalized by paying a higher percentage in taxes. Therefore, in order to make an extra dollar in the top tax bracket, I have to work harder to make that same dollar than if I were in a lower bracket. Thus, I am making less [B]per hour worked[/B], although my net may be somewhat higher, due to putting in increasingly higher hours. It just isn't worth it to work that much harder to achieve a lower gain than if tax rates were low. I'm looking at cost/benefit analysis of my time vs my net reward. There comes a point where time at home with the fam and relaxation time becomes more important than the cash reward, and higher taxes simply make that break even/tipover point come that much earlier. For me. It's actually quite simple. [/QUOTE]
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