andyortlieb@lemmy.sdf.org to You Should Know@lemmy.world · edit-227 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-square70fedilinkarrow-up1327arrow-down15
arrow-up1322arrow-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-227 days agomessage-square70fedilink
minus-squareSorteKanin@feddit.dklinkfedilinkarrow-up2·27 days agoI’m not speaking against progressive taxation, I’m saying the brackets should be continuous so there aren’t any sharp turns in taxation. Right now the brackets make the taxation discrete, but I feel it should be continuous.
minus-squareacockworkorange@mander.xyzlinkfedilinkarrow-up3arrow-down1·26 days agoOh I see. Well, you gotta understand the public don’t take too kindly to math. Especially politicians.
I’m not speaking against progressive taxation, I’m saying the brackets should be continuous so there aren’t any sharp turns in taxation. Right now the brackets make the taxation discrete, but I feel it should be continuous.
Oh I see. Well, you gotta understand the public don’t take too kindly to math. Especially politicians.