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 @cartoonist_carlLibertarian from North Carolina agreed…11mos11MO

An interesting example that supports the idea that progressive income tax can be counterproductive is the phenomenon of brain drain. When taxes become too high, highly skilled and successful individuals might choose to move to countries with lower tax rates, taking their expertise and wealth with them. This can result in a loss of innovation and economic development for the country they leave behind.

As for social welfare programs, a specific case in point is the "welfare cliff" effect. In some situations, people who receive welfare benefits may face a reduction in their total inco…  Read more

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