Gokhale, Jagadeesh; Kotlikoff, Laurence J.; Sluchynsky, … - 2021
highly progressive. Households earning the minimum wage receive 18 cents in benefits net of taxes for every dollar they earn … significant positive marginal net taxes on working. Indeed, a minimum wage household that chooses to work is forced to surrender … 34 cents of every dollar earned in net taxes. Those with earnings that exceed 1.5 times the minimum wage face marginal …