“A family with an income at twice the poverty line, or $48,000 in 2016, would get $9,072 in federal assistance for coverage, still a substantial sum. But it’s $7,400 less than the family would get if they earned half as much.” That’s “an implicit marginal tax rate of about thirty percent on wages.”
What's in the Baucus Bill? A Seventy Percent Tax on Work
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