3 ms·

Sure, you can have transfers back to the poor.

• vel0city 2y ago
  You're just moving the point a little along the scale though. So now instead of the super poor paying a higher rate, now it's the slightly less poor. And the slightly less poor as you keep moving that transfer cutoff point. You're still going to have some point where the wealthier are paying a significantly lower rate than those who make a good bit less than them.
  • scotty79 2y ago
    At appropriate level of transfers the cutoff point is at millionaires you no longer can call poor in good conscience. And people below cutoff point thanks to transfer effectively pay negative tax.
    • vel0city 2y ago
      I absolutely agree on this point, and that curve adjustment would just continue into people we'd definitely agree are wealthy. But in the end those millionaires are paying a higher tax rate than those wealthier than them. Is that fair?
      • scotty79 2y ago
        It's fairer than what we have today. Nothing is absolutely fair.