How About some Supply Side Love for the Poor

Megan McCardle gets it right when she writes When It Comes to Taxes on the Poor, the Supply Siders Are Right.  (Hat tip Mike Dixon.) Read the article and take special note of the graph. As income goes up, benefits go down so fast that it pays to take a lower paying job! Fixing this greater-than-100%-marginal-tax-rate is far more important than preserving the Bush tax cuts for the rich. It might even save the government some money.

Now if only we could get the talk radio buffoons to read McCardle…


Leave a Reply

Your email address will not be published. Required fields are marked *