Should We Tax Celebrities and Athletes 70% or 80%? Exploring the Debate on High-Income Taxation

Should We Tax Celebrities and Athletes 70% or 80%? Exploring the Debate on High-Income Taxation

Question from a reader:
I believe we should collect more taxes from the wealthy. Specifically, wouldn’t it be difficult to amend the law to impose 70% or 80% income tax on famous celebrities and athletes?

Thinking About Taxes

Recently, while having tea with friends at a café, we started discussing taxes. There was a lively debate about the opinion that high-income