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> the program will chip in the rest to top it up. You just instituted a 100% marginal tax rate on the working poor.
by danielweber 13y ago
> the program will chip in the rest to top it up.
You just instituted a 100% marginal tax rate on the working poor.
- astrodust 13y agoHow so? Most guaranteed income programs work like a negative tax, they pay you what you didn't get.
- danielweber 13y agoMost guaranteed income programs Who? Who does this? Earn $13,000 a year and get a $5,000 bump up. Earn $15,000 a year and get a $3,000 bump up. That's a 100% marginal tax. It is the worst possible design.