Employment Reducing Policy List Updated

The list of employment-reducing public policies grows yet again:

• Means-tested health insurance benefits
• Extra taxes for multi-national corporations (see Wall Street Journal; HT Greg Mankiw)
• mandating the employers with large payrolls provide health insurance, but that employers with small payrolls do not,
• minimum wage hike
• means-tested mortgage modification (presenting millions of workers with implicit tax rates in excess of 100% (sic)),
• means-tested new home buyer credit,
• mean-tested student loan modification,
• unemployment insurance extensions,
• state income tax hikes,
• IRS means-tested enforcement of prior tax debts,
• planning for new-hiring-tax-credits,
• marginal federal tax rate hikes on the "rich"!