More fallout from ObamaCare (HR 3590), reported by Daniel P. Kessler:
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.
Read more: How Health Reform Punishes Work – WSJ.com.
via Martin Buchanan