Re:Carbon offsetting is just another form of greenwashing
by imtringued on Monday August 08, 2022 @07:01AM
(#32384142)
>No. You make it revenue neutral by using the money to reduce other taxes (and make the 0% bracket wider) rather than introducing a distribution system. Why make it more complex than it needs to be?
I don't see how a negative income tax is any different from a direct payout, you're just playing with terminology. Alternatively, if what you described is not a negative income tax then what you just did is a tax cut for people with high incomes which is anti progressive. People who pay little or no income taxes wouldn't get anything.
I don't see how a negative income tax is any different from a direct payout, you're just playing with terminology. Alternatively, if what you described is not a negative income tax then what you just did is a tax cut for people with high incomes which is anti progressive. People who pay little or no income taxes wouldn't get anything.