Investing 102

[srh3trinity]

The taxation will be interesting. I am a recent graduate from Residency and practicing hospital medicine. I make a nice living. Doctors have taken a 30 percent pay cut or more from Medicare in the not too recent past. My education cost north of 200K and that has an impact on what I bring home. It seems as though there is a breaking point with taxes and your income. I can influence mine easily by how hard I choose to work. I work 16 plus hours a day now, but if this level of work pushes a person into a higher tax bracket, some of my colleagues will choose to work less hours and bring home about the same net dollars and spend more time with their family. If this happens, it will contribute further to the supply/demand issues we are going to have with physicians as baby boomers age. You are almost de-incentivizing hard work. I don't understand the thought of you make more, you should pay more.
Of course, if I become a government employee with Obamacare, I imagine I won't have much control over my tax bracket. It stinks to finally make some money and then the game changes on you in spite of your hard work.