What if your model takes into account the fact that if income taxes are high enough, startups stop happening? These economists tried it, and found the optimal tax rate is 29%. https://www8.gsb.columbia.edu/faculty-research/sites/faculty-research/files/finance/Macro%20Workshop/toptax.pdf …
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High focus on data until it affects their take-home pay.
End of conversation
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Bill Gates and Larry Ellison were so upset by high tax rates that they didn’t bother to start Microsoft and Oracle
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