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There's been some very interested studies about tiered tax rates, and what is truly the most effective tax rate (that produces the most revenue).
The answer was a flax tax rate. Reason being, the more you tax the rich (who are your doctors and other smart skilled people generally capable of generating revenue), the more likely they won't try earning that extra $10,000 each year. In the 80's with tax rates of 90%, they simply quit working harder and played golf because why bother.
This meant that they worked less, and hired fewer people.
In fact the studies actually suggested that if a tiered tax rate were in place, it should actually LOWER taxes as you go up each tier, as incentive to generate more revenue.
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