andyortlieb@lemmy.sdf.org to You Should Know@lemmy.world · edit-22 months agoYSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.en.m.wikipedia.orgexternal-linkmessage-square37fedilinkarrow-up16arrow-down10
arrow-up16arrow-down1external-linkYSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.en.m.wikipedia.organdyortlieb@lemmy.sdf.org to You Should Know@lemmy.world · edit-22 months agomessage-square37fedilink
minus-squareMaggoty@lemmy.worldlinkfedilinkarrow-up1·2 months agoThat sounds like a great way to do a poverty trap when you could simply add 20k-reported income to their account. It’s entirely unnecessary to the concept of an NIT.
That sounds like a great way to do a poverty trap when you could simply add 20k-reported income to their account. It’s entirely unnecessary to the concept of an NIT.