3 ms·
Your example said 12 plus 4 15 plus 1 I’d expect it to be more like 12 plus 4 16 plus 3 20 plus 2 24 plus 1 A 20% marginal tax rate. The hour thing see
by midasuni 6y ago
Your example said
12 plus 4
15 plus 1
I’d expect it to be more like
12 plus 4
16 plus 3
20 plus 2
24 plus 1
A 20% marginal tax rate.
The hour thing seems massively corruptible
- missedthecue 6y agoThe wage subsidy would only close the gap between the wage and 16. If you made 16, there would be no subsidy.
- midasuni 6y agoEarn 16 get no subsidy Earn 15 get 1 subsidy Earn 12 get 4 subsidy What’s the difference to the worker? Fork 4/3rds harder to earn 16 not 12, see no gain. Equivelent of 100% marginal tax.