tag:blogger.com,1999:blog-33399132.post6054506869197482489..comments2024-03-04T08:09:21.453-08:00Comments on Richard's Real Estate and Urban Economics Blog: Do higher marginal tax rates lead superstar athletes to play less often?Richard Greenhttp://www.blogger.com/profile/02161226214739034402noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33399132.post-17038153175598467062013-01-23T11:27:49.465-08:002013-01-23T11:27:49.465-08:00The real reason is security, freedom and control, ...The real reason is security, freedom and control, exactly the reasons why academics want tenure. <br /><br />With enough money, a person can live on the interest and never have to worry about a forced drop in consumption, being fired, or being told what to do.<br /><br />What would be the reaction if that is taxed away? Probably the same as how professors would react if the value of tenure was reduced by the same amount.David Barkerhttps://www.blogger.com/profile/17243910374364993035noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-11027303483040755872013-01-23T11:27:16.114-08:002013-01-23T11:27:16.114-08:00The real reason is security, freedom and control, ...The real reason is security, freedom and control, exactly the reasons why academics want tenure. <br /><br />With enough money, a person can live on the interest and never have to worry about a forced drop in consumption, being fired, or being told what to do.<br /><br />What would be the reaction if that is taxed away? Probably the same as how professors would react if the value of tenure was reduced by the same amount.David Barkerhttps://www.blogger.com/profile/17243910374364993035noreply@blogger.com