A Longer List of Employment-Reducing Public Policies

by: Casey Mulligan

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

  • 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,

  • Means-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"!