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A function like that would be hard for most people to understand/calculate, and you can approximate it pretty well with a couple extra tax brackets.
by elil17 4y ago
A function like that would be hard for most people to understand/calculate, and you can approximate it pretty well with a couple extra tax brackets.
- jjk166 4y agoLuckily they make machines that were good at performing mathematical calculations and which were so ubiquitous that everyone has ready access to them and most people have at least one on their person at any given time. The tax bracket system has proven to be a confusing system which is hard to adjust properly and handles the long tail of extreme wealth very poorly. It is a compromise between efficacy and simplicity that achieves neither. In this day and age, easy calculability ought to be a very low priority goal.