Monday, November 9, 2009

The Dead Zone: The Implicit Marginal Tax Rate

I found this fascinating quote today:

Everywhere, the government's desire to be generous to the poor is destroying the positive incentives to work and to save that are so necessary for a well-functioning economy. FULL ARTICLE by Clifford F. Thiesmises.org, Ludwig von Mises Institute, Nov 2009

You should read the whole article.

Posted via email from Elevic Pernis @ Posterous

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