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by gizmondo 824 days ago
> (Which, I know, being retired on crypto, I also feel ick about taking the subsidies to begin with, but that's a different issue.)

One qualifies for subsidies regardless of how much wealth they have? Sounds like US welfare system is a joke.

1 comments

Well, remember, any time you have cutoffs like that, you can introduce the kind of welfare traps and discontinuities that the article focuses on. But yes, Congress definitely wasn't even asking "wait, do we want the subsides for high NW, choose-your-income people?"