Set up a flat tax to close to 40%.
Can be paired with an automatic credit for around half of the poverty line.
Tax=(income × 0.40) - (poverty / 2)
The poor people get a negative income tax, while the people who earn more pay more.
A good old Gem works
Oh my sweet summer child…
Set up a flat tax to close to 40%.
Can be paired with an automatic credit for around half of the poverty line.
The poor people get a negative income tax, while the people who earn more pay more.