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53 sats \ 4 replies \ @cyberpunk02 8 Aug \ on: Why not eliminate taxes on all income? econ
no good reason not to, taxing income is immoral
Terrible tax if anyone thinks about the consequences. Taxing work.
The highest bracket used to be 90 percent!
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It’s not as straightforward as it seems. Taxing work can actually make people work more, because it takes more hours to maintain their desired standard of living.
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(he writes as he's not working)
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Just because I’m not working doesn’t mean I’m not logging hours.
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