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There surely needs to be some incorporation of need into the calculations. The rich control enough of our resources that they are unlikely to be put off by a ta
by nicoburns 5y ago
There surely needs to be some incorporation of need into the calculations. The rich control enough of our resources that they are unlikely to be put off by a tax, whereas everyday people would be crippled by taxes high enough to make a difference.
- eru 5y agoDo you think this principle applies more generally? Tax incentives only work on poor people?
- nicoburns 5y agoI think tax incentives (and indeed fines) proportional to wealth/income work on everyone. But if you make it flat then obviously they're going to have an outsized effect on the poor.
- eru 5y agoWhether tax incentives need to be larger to work on richer people is an empirical question we can look into.