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Thoughts about a Progressive Tax Rehaul? (lemmy.ca)

submitted 1 day ago* (last edited 1 day ago) by [email protected] to c/progressivepolitics

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As the title goes. This would involve turning the tax levels / brackets into an exponential mathematical curve. One of the benefits off of the top of my head, is that people wouldn't be scared of their salary increasing just enough, to actually lower their clean income. Another one would be that you can lower even further the tax rate for middle / low class, because you (the government) would receive more from taxes. Any opinions/ideas for this?

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[–] [email protected] 3 points 17 hours ago

yeah or they could just add more brackets. there is nothing to really fix method wise but as long as the effect is the same I would not care much.