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A negative income tax is a much better idea. https://www.youtube.com/watch?v=xtpgkX588nM https://www.youtube.com/watch?v=xtpgkX588nM
by tomohawk 8y ago
A negative income tax is a much better idea.
https://www.youtube.com/watch?v=xtpgkX588nM https://www.youtube.com/watch?v=xtpgkX588nM
- hnburnsy 8y agoThe US already has this with EITC and CTC. These programs paid out over 70 billion in 2017 to over 27 million families.
- maxerickson 8y agoSort of. Except EITC is anemic and a work incentive with a focus on children rather than a negative income tax. Someone supporting a kid gets a much larger max benefit than someone earning the max benefit with no children ($3,400 vs $510) and the benefit tapers away for low incomes.
- AnthonyMouse 8y ago> A negative income tax is a much better idea. A negative income tax is the exact same idea with slightly different framing.