Hardly Workin'

We know that people making a hundred million dollars a year aren't contributing anything to society, so we might as well tax them to the point of shutting them down, says leftist economist Paul Krugman. He was contemplating the motvational impact of a 91% tax rate for top earners.

"People contemplating that second $100 million might say, ‘Is this really what I want to do with my life?’  And that would be a terrible thing if you thought that, on average, that people who acquire that second $100 million are doing great things for society, but I think we‘ve gotten a pretty good lesson that that’s mostly not true.”