How Health Reform Punishes Work

◼ The subsidies to buyers of 'qualifying' insurance policies will induce sharp reductions in the supply of labor. - Wall Street Journal

...Consider a wife in a family with $90,000 in income. If she were to earn an additional $3,700, her family would lose the insurance subsidy and be more than $10,000 poorer. In addition, she would also pay more in income and Social Security taxes. Taken together, these policies impose a substantial punishment on work effort....

◼ Getting to know the HCR bill - neoneocon