What if income taxes were lower/exempt in the early years of people’s career? Imagine no income tax until you turn 30. Would we see more innovation? Less dependence on welfare?
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All this would do is prompt rich parents to give their young kids more money, and give an even bigger leg up to the people who already have the capacity to save/invest over those who don’t. Would exacerbate inequality
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Probably true
End of conversation
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