As the title goes. This would involve turning the tax levels / brackets into an exponential mathematical curve. One of the benefits off of the top of my head, is that people wouldn’t be scared of their salary increasing just enough, to actually lower their clean income. Another one would be that you can lower even further the tax rate for middle / low class, because you (the government) would receive more from taxes. Any opinions/ideas for this?

  • LandedGentry@lemmy.zip
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    1 day ago

    Let’s be super clear: you cannot get a raise that functionally makes it so you make less a year unless you depend on means tested benefits, which is a separate problem driven by a different mechanism. The former is a myth that lower/middle income earning (usually conservatives) parrot because they don’t understand tax brackets and it’s a common, inaccurate political talking point.

    You cannot have lower take home pay because you got a raise. You can lose benefits which functionally reduces your household budget but it’s not the same thing and the reason that happens has nothing to do with how taxes are structured.

    TL;DR: getting a raise is never a bad thing for your take home income ever at all for any reason whatsoever.