YSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.

andyortlieb@lemmy.sdf.org · edit-2 19 days ago

YSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.

Delphia@lemmy.world · 18 days ago

One of the key overlooked benefits of UBI is that it also encourages people to retire, move out of the workforce or drop back to part time sooner. Freeing up jobs for people to move into.

Once the house is paid off and the kids have moved out, etc. The “I dont NEED to do this” is real.

YSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.

YSK: In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level.

Negative income tax - Wikipedia