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You Should Know@lemmy.world · 6 hours ago

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.

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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.

en.m.wikipedia.org

andyortlieb@lemmy.sdf.org to

You Should Know@lemmy.world · 6 hours ago

Negative income tax - Wikipedia

en.m.wikipedia.org

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but what about -~- LOOPHOLE WHACKAMOLE -~- its not technically free for billionaires since they have to pay so much to lawyers

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