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It doesn't even have to be the case that, as you say, "it is more expensive to earn any income than it is to earn none". That describes an implicit tax rate of >100% which would certainly discourage work, but even if it were, say, 75%, I don't think you have to be a hard-core republican to believe that that might disincentivize work and be on the far side of the Laffer curve.


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