News for hackers. Stuff that matters.
Re:A Basic Income Is Smarter Than a Minimum Wage by SilasX on Monday April 04, 2016 @04:00PM (#11425014)
... and you'd have to stop everyone from throwing complicated tax structures around their incomes to avoid the increasing tax rates.

I know, "just close the loopholes lol". Except that it's a battle of wits of nerds against a bureaucracy with every-bigger portions of the economy at stake, where every government victory is a longer, less transparent tax code.

Re:A Basic Income Is Smarter Than a Minimum Wage by harryh on Monday April 04, 2016 @04:50PM (#11425529)
Recent increases in the capital gains tax rate were very effective at increasing taxes on people in the upper end of the income spectrum. The ability of high earners to avoid taxes through complex use of loopholes is vastly overstated.