Comment on How would you actually tax the ultra wealthy?

Joloxino@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

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.

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