Re:Amazon rolls out machines that pack orders and replace jobs
by sim_card_map on Monday May 13, 2019 @02:09PM
(#19902010)
There's no way your effective rate goes from 17% to 55%. Did you include the extra 3000/month you'll be getting?
Re:Amazon rolls out machines that pack orders and replace jobs
by gridlockd on Monday May 13, 2019 @02:35PM
(#19902342)
The effective total rate of taxes may not be 55%, but the rate on income earned would be. Who would work full-time in an ordinary job if it was taxed at 55% when they simultaneously get paid a generous UBI?
Also remember you counted in pensions into your budget, those are separate from taxes. So the net profit from working would be maybe 30% or less - ridiculous!
Good luck passing a bill that raises my effective tax rate from 17% to 55%. Obviously if you take a whole lot more money from everyone else there will be more to hand out to others.