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You Should Know@lemmy.world · 3 days ago

YSK: 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.

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YSK: 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.org

andyortlieb@lemmy.sdf.org to

You Should Know@lemmy.world · 3 days ago

Negative income tax - Wikipedia

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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.

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