Link. “a family going from $10,000 and $40,000 and benefiting from welfare (TANF), housing subsidies, Medicaid, food stamps (SNAP), etc. pays an average of 82 cents per dollar earned in new taxes and lost benefits. And that’s just the average. As this chart shows, those making around $25,000 to $30,000 face marginal tax rates of around 100 percent”
This, unlike the usual rants about decreasing incentives for the wealthy with rising marginal tax is real.