I suppose he would cut down on expenses? If a worker cannot live for two years on 90% of their salary, it's probably not a job they should be taking given their lifestyle
If they're living on 90% of their salary, and you take 10% away, now they're living on 100% of their salary. Should they still be able to live on 90% of that? And 90% of that?
The point of living on 90% is that you still have the 10%.
So now the tax means you have to seek a job at 111% of what would have been enough. Best of luck with that.
The best teachers not only teach the material - they foster a deep love for what they teach, and may cause their pupil's to take on careers related to what they teach.. This incentive scheme captures that distinction
The incentive that this produces for the students is to earn more money to stay in the same place, and for the teachers to teach whatever subjects will earn more money. Say goodbye to anything being taught that doesn't translate into earning more money. It replaces teaching to the test by teaching to the bank balance.
I will simply point out that people and the economy seem to have adjusted perfectly well to income tax to respond to your first point.
I don't think that it incentivizes people to stay in the same place. The only people who it incentivizes to stay in the same place are people who expect to get less than a 10% raise from a promotion or new job AND stay at their new job less than two years. And if companies wanted those people, they would make up the difference. To be fair, it does disincentivize career change... but only marginally more than career change i...
This thread is intended to provide a space for 'crazy' ideas. Ideas that spontaneously come to mind (and feel great), ideas you long wanted to tell but never found the place and time for and also for ideas you think should be obvious and simple - but nobody ever mentions them.
This thread itself is such an idea. Or rather the tangent of such an idea which I post below as a seed for this thread.
Rules for this thread:
If this should become a regular thread I suggest the following :