The April Fools
Posted in If I Really Hated the Poor ..., incentives, labor markets, Taxation on Apr 1st, 2014
That would be people like my wife who continue to work. Here is how her income is taxed: Federal tax rate of 28% (her wage puts us in this bracket) State tax rate of 6.5% Social security – her “share is 7.65%, her employer pays 7.65%, but since we know that the incidence of this […]