I’m stunned by this graph of earned income versus effective income:
A typical family has to get its income over $50k per year before they start seeing any significant return on their labor. If you set out to design a policy to discourage work, could you do any better than this?
Here’s a graph of the implicit tax rate:
The implicit marginal tax rate peaks at nearly 150% for people making a little over $20k per year. That means that earning an additional dollar actually sets you back almost fifty cents. Absolutely appalling.
(Via Instapundit.)
Internet Scofflaw 
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