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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
There are ways to justify this (decreasing marginal tax rates are consistent with optimal tax theory, as you get the incentive effect without the reduction in revenue on the hours that people would work anyway), but in general I'm kinda worried about tax policy being driven by memetics. Becomes a complexity nightmare.
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@baseddesigner.eth
people would just be less efficient and lazy during those 40 hours and then have more to do during overtime - earning more in the end due to less tax
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