US Politics on Yik Yak | Income tax deductions & credits as behaviour-encouraging incentives will *always* tend to benefit higher-earners, just as progressive taxation harms them. At best, flat-rate financial incentives are regressive; at worst, perceived wealth redistribution

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Income tax deductions & credits as behaviour-encouraging incentives will *always* tend to benefit higher-earners, just as progressive taxation harms them. At best, flat-rate financial incentives are regressive; at worst, perceived wealth redistribution

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Anonymous 5d

I think that’s kind of okay, IF we get the secondary effect of that good behavior that was encouraged That’s already given progressive taxation though - some things can have a side effect that benefits the rich if ultimately they pay more taxes and it’s not a HUUUUGE loophole etc

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