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In some ways we already have that with the earned income tax credit: https://en.m.wikipedia.org/wiki/Earned_income_tax_credit https://en.m.wikipedia.org/wiki/Ea
by koolba 8y ago
In some ways we already have that with the earned income tax credit: https://en.m.wikipedia.org/wiki/Earned_income_tax_credit https://en.m.wikipedia.org/wiki/Earned_income_tax_credit
- darawk 8y agoYa, the EITC is a negative income tax. But it should probably be expanded, it's a great policy.
- dragonwriter 8y ago> Ya, the EITC is a negative income tax EITC is a hybrid normal and inverse means-tested, and also behavior (by source of income) tested, welfare program managed through the tax system that was loosely inspired by negative income tax, but it is not actually a negative income tax.
- darawk 8y agoAka a form of negative income tax.