It is a simple idea supported by both economic theory and most - TopicsExpress



          

It is a simple idea supported by both economic theory and most people’s intuition: If welfare benefits are generous and taxes high, fewer people will work. Why bother being industrious, after all, if you can get a check from the government for sitting around — and if your choice to work means that much of your income will end up in the tax collectors’ coffers? Here’s the rub, though: The idea may be backward.
Posted on: Mon, 29 Dec 2014 16:43:39 +0000

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