You still might face very high effective marginal tax rates, though, even if below 100%: instead of an hour of work costing you money, an hour of work might effectively be worth $2.00. Still a huge disincentive.
That's really hard to avoid when you do have conditional benefits that phase out with higher income. To "properly set up your tax rates" amounts to not having conditional benefits, which is a basic income under another name.
That's really hard to avoid when you do have conditional benefits that phase out with higher income. To "properly set up your tax rates" amounts to not having conditional benefits, which is a basic income under another name.