4 ms·
>Negative taxes are better. No need to give to the wealthy in the first place to come back and tax them later. It's simpler just to give every citizen the same
by alasdair_ 6y ago
>Negative taxes are better. No need to give to the wealthy in the first place to come back and tax them later.
It's simpler just to give every citizen the same amount of money than to have to deal with all the edge cases of people having different income this year (and needing the money immediately) versus last year. If you get hit by a bus on January 1st, I'd hope that the money was available for you right away, not in another year.
Additionally, I'd like to see a "rolling average" approach to taxation. I think it's enormously unfair that someone who has a one time event (like making a million dollar commission on a sale they worked on for five years) is taxed massively more, and misses out on many more tax credits, than someone who makes $200K a year for five years.