Reply #41: Why would anyone earn over

[Yupster]

$ 500 k if it was taxed at a 100 % rate?

Am I missing something here?

It seems that would be a tax guaranteed not to bring in a dollar.

Shaquille O'Neal has arthritis in his big toe. It kills him 5to run and jump at his size. If he could only make $ 500 k a year he'd either

A) go play for a team in Greece or

B) tell the Heat to name fiuve games a year and he'll play in those five games.

How would that help anyone?

Other people besides enterrtainers who make that kind of money are high end salespeople who earn commissions. Limit them to $ 500 k and they make their money and then take the rest of the year off. Again, how is that helping anyone?

It would bring in far less tax money than today, would hurt vendors and other low paid workers at the stadiums, and to what benefit?