The new "merit" hiring plan wants applicants to write an essay on their favorite Trump Executive Orders.
https://www.opm.gov/policy-data-oversight/latest-memos/merit-hiring-plan/
"Going forward . . . all Federal job vacancy announcements graded at GS-05 or above will include four short...
Interesting, and your instinct seems sound here. Though the EITC phaseout would show up on their tax return, not their paycheck. Maybe just semantics. But there's no reason 1.5 pay wouldn't be ~50% more beneficial unless the extra income pushes people out of other benefits.
I mean, we all get this. It's just a terrible way to legislate. I hope even the MAGA on here can acknowledge that (though I understand saying so explicitly might cost them their spot in line to kiss the king's feet).
Even aside from the mechanics, what's the goal from a policy perspective? You're incentivizing fewer people working more hours - new hiring will slow down. You're incentivizing employers to lower base wages now that employees can take home more for the same work. IMO it's just bad policy. If...
The Budget Lab at Yale had interesting proposals on how to accomplish this: https://budgetlab.yale.edu/research/buy-borrow-die-options-reforming-tax-treatment-borrowing-against-appreciated-assets
Option (1): Deemed Realization for Borrowing
This option, based on a proposal by Liscow and Fox...
It's weird. Whenever Silence posts a right-wing viral tweet without commentary, I think to myself "Doesn't this guy have an original thought or opinion?" But then he posts his thoughts and opinions and I'm like, yeah he probably should stick to the tweets.
The SALT caucus reportedly has agreed to this. Let's see how much it costs and whether there is pushback from the deficit hawks. The original proposal ($30k cap phasing out above $400k income) earned $915 billion from 2025-2034.
Maybe. I was able to half-listen to the arguments. My impression (which admittedly may be erroneous) was that several justices were eager to address the merits and none offered any defense of the EO. I took it as more than a hypothetical of 'how will we ever hear an issue if you lose and lose...