100% implied tax rate - does this make sense?

[SlitheyTove]

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One thing I was very surprised that nobody brought up in an explicit way (although this was hinted at) is that my friend also loses the value of her time if she works. This time certainly has positive value to her, and to others if she spends the time volunteering. In fact, if the value of this time is taken into account, working may actually result in a net loss to her (and the community if she volunteers).

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<p>It’s very annoying that the value of my time doesn’t equal my salary, even before taxes </p>

<p>Since your friend hasn’t been working for many years, she’s going to earn less money because she is essentially a newbie. After a few years, her income will grow with her experience. This is a difficult hump to get over, because no matter when she starts working again, the value of her time will seem much greater than what someone is initially willing to pay her.</p>