1·
14 hours agoA good old Gem works
- 0 Posts
- 2 Comments
Joined 2 days ago
Cake day: March 29th, 2026
You are not logged in. If you use a Fediverse account that is able to follow users, you can follow this user.
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.
No capital gains or any other loophole.