That is horrible. Basically repeating the mistakes the government makes with people on benefits in the tax code. I don't understand how you can design any finan

That is horrible. Basically repeating the mistakes the government makes with people on benefits in the tax code. I don't understand how you can design any financial incentive systems with discontinuities such that you actually earn less by working more. That is a totally unforced error. I agree that people on 100k a year maybe don't need some kind of allowance but then just add another bracket at 85k that erodes it away instead of pretending that the people at 99k still really depend on it.