The Dead Zone: The Implicit Marginal Tax Rate - Clifford F. Thies - Mises Institute

The Dead Zone: The Implicit Marginal Tax Rate - Clifford F. Thies - Mises Institute: "For many of the working poor, the implicit marginal tax rate is greater than 100 percent."

Basically, incomes under $40,000 all get the same benefit so there is no incentive for someone making $20,000 to try to earn more until they make over $40,000.