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-squarecorvett@lemmy.worldlinkfedilinkarrow-up5·26 days agoLet’s be honest, if the US did something like this, the ultra wealthy who are already not paying taxes would find ways to game more money out of the system. But it could still help a lot of people.
Let’s be honest, if the US did something like this, the ultra wealthy who are already not paying taxes would find ways to game more money out of the system.
But it could still help a lot of people.