Re:Results: Finland’s Basic Income Experiment Help Us Build ...
by nabla9 on Monday May 11, 2020 @07:01AM
(#23140831)
Effective marginal tax rate, not marginal tax rate. EMTR is what how much you actually get when taxes and reduction of welfare with increasing income is taken into account.
It's in Finnish, but if you go to page 13 there is a nice graph. x-axis is wage, EUR/month, y-axis is effective marginal income tax in year 2015 for single person household who pays rent 440 EUR/month. Effective marginal tax rate is the red dotted line.
In page 20 you can see even what single adult with a child can have.
I was actually wrong, the effective marginal tax rate can spike above 11% in some cases.
>Do you have a source for that?
Yes. https://vatt.fi/documents/2956369/3012213/muistio_50.pdf
It's in Finnish, but if you go to page 13 there is a nice graph. x-axis is wage, EUR/month, y-axis is effective marginal income tax in year 2015 for single person household who pays rent 440 EUR/month. Effective marginal tax rate is the red dotted line.
In page 20 you can see even what single adult with a child can have. I was actually wrong, the effective marginal tax rate can spike above 11% in some cases.