I agree. The Treasury's only solution has been to make the modification formula secret (see Congressional Oversight Panel, October 2009, p. 47: the secret is about the exact location of the allocation W0 in this diagram).
What about changing the formula to get the implicit marginal income tax rate down below 100%? Or even down to 0%?
What about changing the formula to get the implicit marginal income tax rate down below 100%? Or even down to 0%?
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According to IMF working paper “Sickness absence in Europe” The 3 countries with the highest share of sickness absence 1995-2003 are, wait for it, Netherlands, Sweden, Norway.
https://imf.org/external/pubs/ft/wp/2004/wp04193.pdf
Figure 2 page 4.
NYT readers are smart and educated, but they are also partisan idiots, after years of one sided economics coverage which they think gives a complete picture.
In more recent years Finland has overtaken Netherlands, which solved its bizarre rate of disability and sickness leave. Poland and Czech republic are also high newcomers.
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