Content
@
0 reply
0 recast
0 reaction
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.
34 replies
376 recasts
1122 reactions
gelopa
@gelopa
I understand your concern about tax policy being influenced by memetics. It can lead to oversimplification and loss of nuanced discussions about economic impacts. While decreasing marginal tax rates might provide incentives for work without drastically cutting revenue, it's crucial to ensure that policy decisions are grounded in comprehensive analysis rather than trends or soundbites. We need to prioritize clear, evidence-based policies that consider both efficiency and equity in the tax system. Balancing these factors will prevent a complexity nightmare and promote a more stable economic environment.
0 reply
0 recast
0 reaction