Re:Dan Price says raising min wage to $70k led to baby boom,...
by seanmcdirmid on Wednesday September 15, 2021 @06:00PM
(#28544939)
I'm not finding that to be very reliable, as I can't find a news article or even someone else complaining about the same problem. Are you sure they just didn't mess up on their tax return somewhere?
Re:Dan Price says raising min wage to $70k led to baby boom,...
by the-rc on Wednesday September 15, 2021 @10:50PM
(#28547371)
You can enter toy numbers in TurboTax and see, but I found more references, e.g. when they wanted to make NYC track NYS' model:
https://www.nytimes.com/2003/05/12/nyregion/highest-tax-will...
https://www.empirecenter.org/publications/new-yorks-ugly-ste...
See e.g. https://www.bogleheads.org/forum/viewtopic.php?t=247046 where someone points out that CT does the same and calls it recapture.