Today's WSJ includes "Why I'm Not Hiring ... When you add it all up, it costs $74,000 to put $44,000 in Sally's pocket and give her $12,000 in benefits." This is by an employer and "Sally" is an alias for one of his employees.
The "wedge" is 25%. In a better world, I get a dollar for every learned discussion of why unemployment remains stubbornly high.
While I am greedy, I may as well claim another dollar for every complaint about increasing inequity when unabashed progressive redistribution has been federal policy ever since the New Deal. And how about another dollar for every complaint about deteriorating infrastructure when state and local government spending is bigger than ever?