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Yeah, you got the point right. "Monotonicity" is important. That means, if somebody puts in more effort, they should get out more of it.

x-axis is how much you earn from jobs, y-axis is how much you take home in-total.

The only thing that remains to be determined is the parameters of that curve (offset + slope). A steeper slope would mean people are more motivated to go to work, but also less tax income for the state.

I would propose a slope of 1/2 and an offset that is big enough to be able to live on it, but i believe this is something the people will have to determine through voting.

this post was submitted on 30 Dec 2024
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