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Mar 20 2017

CBO Analyst Discovers That Higher Taxes, Government Programs Reduce Incentive to Work

Turns out the Congressional Budget Office is good for something after all; it has provided us with this enlightening revelation:

“When workers’ earnings rise but their after-tax income rises less—because of increases in their income and payroll taxes or declines in their benefits from government programs—their incentive to work typically declines,” said Shannon Mok, an analyst for the budget office in the tax analysis division.

Government programs that reduce the incentive to work include food stamps and ObamaCare.

“Increases in marginal tax rates, on net, decrease the supply of labor by causing people already in the labor force to work less,” she says.

Less work equates to less wealth for our collectivist rulers to redistribute.

Next the CBO will discover that the sun sets in the west, and that it hurts when you hit your thumb with a hammer.

There would be more wealth if the sun would set on the welfare state.

On a tip from Torcer.

12 Responses to “CBO Analyst Discovers That Higher Taxes, Government Programs Reduce Incentive to Work”

  1. TrueConservative says:

    YES, the CBO staff is that stupid. Only a GOPe RINO clown (aka: Ryan) would not fire and replace them all !!!

  2. Bodhisattva says:

    NO! Really? yaTHINK?

    How can that possibly be true?

  3. Bodhisattva says:

    Next the CBO will discover that the sun sets in the west

    But will they learn that “mama always told me not to look into the eyes of the sun… but mama, that’s where the fun is!”

  4. ICEvictim says:

    one of the biggest things the President can do is stop welfare payments to able bodied adults. We did it before, but it was voluntary on a state by state basis. Those states that did it saw their welfare rolls drop by around 50%, some even more.

    This time make it mandatory and tie some other federal transfer payment things to it as well. Then offer cash rewards for turning welfare cheats and SSI cheats, etc. The more of these scum we put in prison the more people will suddenly find they don’t need to leech off the rest of us.

  5. Katya Kakhov says:

    Birthrates drop too , and the only obvious solution is to move the third world here .

  6. Angierpoe says:

    Google is paying 97$ per hour! Work for few hours and have longer with friends & family! !mj358d:
    On tuesday I got a great new Land Rover Range Rover from having earned $8752 this last four weeks.. Its the most-financialy rewarding I’ve had.. It sounds unbelievable but you wont forgive yourself if you don’t check it
    ➽➽;➽➽ http://GoogleFinancialJobsCash358MediaShopGetPay$97Hour ★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★:::::!mj358d:….,……

  7. Mr. Freemarket says:

    Waiting for the democrats to:
    1. Come to the defense of the CBO….since it is a bipartisan organization with no agenda,
    2. Denounce the Trump CBO.

  8. 762x51 says:

    She got herself some of that fancy book learnin ta figger that out.

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