"Employee Benefits Gone Wild"
Raise marginal income tax rates and guess what happens? Go ahead, guess.
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Thank you for reminding me - and thus your readers - that the federal income tax is effectively far less progressive than it nominally appears. Highly-compensated employees generally enjoy generous benefits; poorly-compensated employees generally enjoy slim or no benefits.
Posted by: Terry Pratt | March 05, 2013 at 06:26 AM