minus-squarecorvett@lemmy.worldtoYou Should Know@lemmy.world•YSK: 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.linkfedilinkarrow-up1·2 months agoLet’s be honest, if the US did something like this, the ultra wealthy who are already not paying taxes would find ways to game more money out of the system. But it could still help a lot of people. linkfedilink
Let’s be honest, if the US did something like this, the ultra wealthy who are already not paying taxes would find ways to game more money out of the system.
But it could still help a lot of people.