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That still leaves a 100% marginal "tax" rate. It's better than >100%, but still seems less than ideal. Trying to fix that quickly gets you into Basic Income t
by dasmoth 13y ago
That still leaves a 100% marginal "tax" rate. It's better than >100%, but still seems less than ideal. Trying to fix that quickly gets you into Basic Income territory.
- knome 13y agoThe importance is that it turns a local maxima into a plateau and replaces a disincentive to improve your lot beyond the assistance with a mere lack of incentive as you improve beyond it. It provides assistance without a hook to keep you on it.