This is your god-damned safety net: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/11-2/welfare%20cliff.jpg … Shut it all down and institute a GBI for fuck's sake.
@St_Rev Right. Owners of French businesses employing 48 people are more likely to be clued-up about such things than single moms making $27k
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@Meaningness V. true. The bigger issue, IMO, is the overall flatness. Income wobbles up and down from 0 to 60k, but there's no net gain. -
@St_Rev Yes. Obvious disincentive (although presumably partly ameliorated by tax evasion, as you suggest).
End of conversation
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@Meaningness The cliffs are really a distraction from the real problem: 100% effective marginal taxation. It's obscene.Thanks. Twitter will use this to make your timeline better. UndoUndo
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