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.
SorteKanin @ SorteKanin @feddit.dk Posts 15Comments 1,652Joined 2 yr. ago

SorteKanin @ SorteKanin @feddit.dk
Posts
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A continuous bracket could be defined by a single equation. You'd plug in your income and you'd get out your taxation. No need to look up what bracket you are in.