For decades (at least as long as I've been alive), people have used the expressions "marriage bonus" and "marriage penalty" to describe what happens to the income tax liability of a couple before and after they formally wed. But focusing attention on changes in income tax liability has resulted in a totally inadequate amount of attention being paid to the actual marriage … [Read more...] about Means-testing and the real marriage penalties (wonkish)
I write a lot about entrepreneurship. This is not because I think everyone should be an entrepreneur. For one thing, not everyone wants to be an entrepreneur, and part of having an economy that works for everyone means making room for folks who just want to show up at work and do their job. The problem with our current system of social and economic organization is that we've … [Read more...] about What a culture of entrepreneurs and entrepreneurship would look like
I've written before about what I called the high-employment generation, which I use to describe people entering the workforce today who have no memory of the long, grinding recession which destroyed countless American communities in the aftermath of the global financial crisis of 2007-2008. Four pieces have come across my desk in the last few weeks which highlight the … [Read more...] about Employers have forgotten how to hire. But they’ll learn
Paul Ryan, having decided that his services will no longer be needed by the American people come January, is taking one last bite at the apple of welfare reform by proposing onerous restrictions on who is eligible to receive SNAP benefits, the only remaining near-cash welfare benefit available to low-income Americans. I do not have a very high opinion of work as an … [Read more...] about There are no work requirements, only paperwork requirements
I read with interest the essay of National Review columnist Kyle Smith about the response of the Starbucks coffee drink company to reports that one of their employees summoned Philadelphia's municipal law enforcement authorities in response to the presence of two men at one of their Rittenhouse Square coffee drink locations. He writes: "We can all easily imagine circumstances … [Read more...] about What can the police do but arrest them?