0 sats \ 6 replies \ @Undisciplined OP 12 Sep \ parent \ on: Income Taxes Don't Disincentivize Work econ
Does that work differently for married couples?
I'd expect to see jobs start offering more non-monetary compensation as you get closer to that threshold.
Our marginal tax rates increase much more smoothly than that, so most people don't give them a ton of thought.
I'd expect to see jobs start offering more non-monetary compensation as you get closer to that threshold.
But it can't be the case, because the tax has to be paid anyways. Any non-monetary compensation that do not implies spending money means you get a hug and a kiss for working more for less.
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Not if it's things like childcare or other services you'd otherwise have to pay for. I don't know what that looks like in the UK, but employer benefits are huge here, precisely because they're tax advantaged.
Tax regimes are very different every where.
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childcare or other services you'd otherwise have to pay for.
You are paying for that, hence it's not non-monetary.
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Compensation in kind is called "non-monetary". You'll have to take that complaint to the Council of Economic Terminology.
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Conceded, but then what's the argument? You have to pay for everything anyways so, there's nothing they can actually offer in exchange of more precarization.
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I was just saying what I'd expect to see. I'm not saying it's good. Like all taxes it's dumb, destructive, and distortionary.
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