Kruse Kronicle

Tag: marginal tax rate

  • Americans’ 90% tax rate

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    mwkruse
    in ,

    CNN: Americans' 90% tax rate One of the challenging features of poverty aid is to avoid creating disincentives toward achieving self-sufficiency. … Take a hypothetical single mother of two, Jane, earning $18,000 a year. Earning an additional $1 will increase Jane's actual cash available to spend by just 12 cents. How can this be? The…