Thursday, February 14, 2013

Stop Means-Testing Everything

People care about high marginal tax rates except the high marginal tax rates faced by a lot of not-so-well-off people. When you start clawing back deductions and tax credits and add additional means testing to programs, you make the effective marginal tax rate for people, over some range of income, very high.

Universal pre-k should be universal and universally free.