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Keyword: disincentive

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  • Study: Welfare pays more than work in most states

    08/20/2013 2:37:33 PM PDT · by mandaladon · 23 replies
    The Daily Caller ^ | 20 Aug 2013 | Michael Bastasch
    Looking for a good paying job? Well, look no further. No, really, stop looking. In 35 states, welfare benefits pay more than a minimum wage job, according to a new study by the libertarian Cato Institute, and in 13 states welfare pays more than $15 per hour. “One of the single best ways to climb out of poverty is taking a job, but as long as welfare provides a better standard of living than an entry-level job, recipients will continue to choose it over work,” said Michael Tanner, senior policy analyst and co-author of the study. The study is an...
  • In Brownstones, Taxes Suddenly Rise

    02/21/2005 9:03:47 PM PST · by TBP · 103 replies · 2,147+ views
    The New York Times ^ | February 20, 2005 | JOSH BARBANEL
    AFTER struggling to fix up a brownstone in Harlem for the last 16 months, Meyghan Hill, a model and actress, and her husband, Daniel Scarola, a ballroom dancing instructor, are thinking about giving up and moving out. But what may drive them away is not the neighborhood, which they have come to love, nor their four-family house, where they have painstakingly stripped a century of varnish and paint from doors and balusters, but the shock of a tax notice they received last month from the New York City Department of Finance. The notice indicated that the taxes on their 19-foot-wide...
  • Final repeal of the Death Tax.

    Does a Re-election of President Bush and a Republican House and Senate give us the hope that true Estate Tax reform might be passed. I personally hope so. As a small Businessman its critical to my business as it is to other who employee American. -------------------------------------------------------- REASONS TO ELIMINATE THE FEDERAL ESTATE TAX Estate tax rates, which range from 41% to 48%, are substantially higher than other tax rates - the lowest estate tax rate is almost as high as the highest income tax rate of 39.6%. Moreover, the estate tax is imposed on earnings and assets that have already...