4 ms·
>You could only do this until you run out of tax dollars being paid by poor people. Or you could start paying them more and more money to trickle up, i.e. prog
by allemagne 5y ago
>You could only do this until you run out of tax dollars being paid by poor people.
Or you could start paying them more and more money to trickle up, i.e. progressive negative taxes.
- __s 5y agoI think the trick of this trickle up is that giving money from the 90th percentile (read: affords saving for retirement) to the <50th percentile (read: doesn't afford saving for retirement) effectively gives money to the >99th percentile (read: affords saving into the blackhole of offshore accounts)