“The more government takes, the less your incentive to work”

Simplified Meaning:

When the government collects a lot of money from people through taxes, people might not feel motivated to work hard or earn more. Imagine you run a small business and make good money, but you have to give a big part of it to the government. You might think, “Why should I work extra hours if most of it goes away in taxes?” This makes you less eager to put in more effort because you don't get to keep much of what you earn. Take another example: if someone knows that getting a higher salary means losing a large piece of it to taxes, they might choose to stay at a lower-paying job where they keep more of their earnings. This can lead to less productivity overall because people feel it's not worth working harder for something they don't get to enjoy fully. When the government takes less in taxes, people have more reasons to work harder and earn more because they know they'll benefit from their efforts. This encourages individuals to be productive, start new businesses, or innovate, knowing that they're keeping more of what they make. So, if people want to see themselves or their communities thrive, lower taxes might encourage more hard work and creativity.