I use this space to work out ideas for papers and lectures, as well as the occasional oped. Comments--positive or negative--are more than welcome.
Tuesday, September 22, 2009
Giving benefits to the middle class based on earnings can create worse work disincentives than taxes. Here is a story about a woman who is facing a 79% marginal tax rate on her income above 60,000 because of foregone middle-class benefits like mortgage relief and college subsidies.