Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder.
Simply stated, why work harder or work more when an additional dollar of income only leads to a net benefit of 10 cents or 20 cents? Or why work harder or work more when you can actually wind up being worse off?
Or why work at all if the governments provides enough goodies?
But don’t ask such questions if you’re in the same room as Helaine Olen of the Washington Post. She is very upset that some people think welfare payments discourage work.
It’s a dangerous myth, this idea that government help causes some people to just loaf off. It’s also untrue.Reminder: Before the pandemic, most working-age people receiving benefits like food stamps worked. They just didn’t…
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Utopia, you are standing in it! 
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