andyortlieb@lemmy.sdf.org to You Should Know@lemmy.world · edit-23 days agoYSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.en.m.wikipedia.orgexternal-linkmessage-square67fedilinkarrow-up1322arrow-down15
arrow-up1317arrow-down1external-linkYSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.en.m.wikipedia.organdyortlieb@lemmy.sdf.org to You Should Know@lemmy.world · edit-23 days agomessage-square67fedilink
minus-squarehumanspirallinkfedilinkarrow-up3·1 day agoYou are just saying “have 1000 or 1m tax brackets” instead of 5. It is not super different other than being more complex.
minus-squareotp@sh.itjust.workslinkfedilinkarrow-up1·22 hours agoYou might still be thinking of it as discreet. It would kind of be like having infinite tax brackets. But yeah, I too think it would be too confusing.
You are just saying “have 1000 or 1m tax brackets” instead of 5. It is not super different other than being more complex.
You might still be thinking of it as discreet. It would kind of be like having infinite tax brackets.
But yeah, I too think it would be too confusing.