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Tax Rates Mean Extra Work Doesn't Pay
Date:4/16/2008

if he or she were earning $200,000, they'd pay 43.2 cents in taxes.

"Any American trying to move up the income ladder should be rewarded, not punished with astronomical taxes," Kotlikoff added. "The bottom line is that not only are we penalizing the workers who need extra income, we are punishing them when they need it most."

The study can be accessed at http://www.ncpa.org/sub/dpd/index.php?Article_ID=16209.

The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. We depend on the contributions of individuals, corporations and foundations that share our mission. The NCPA accepts no government grants.


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SOURCE National Center for Policy Analysis
Copyright©2008 PR Newswire.
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