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737 points gnabgib | 7 comments | | HN request time: 0.627s | source | bottom
1. mgoetzke ◴[] No.42202744[source]
I never like these hard cut-offs. We should establish a name/expression for all these rules a simple wording which represents 200k=0% and eg. 250k=100% or something.

Otherwise we always have a situation where making more money suddenly leads to less net

replies(6): >>42202822 #>>42202926 #>>42203223 #>>42203246 #>>42204401 #>>42208784 #
2. DC-3 ◴[] No.42202822[source]
Sometimes they are called 'cliffs' - in the UK people talk about the tax cliff at 100k income where your marginal rate increases and you lose free childcare.
3. OJFord ◴[] No.42202926[source]
It's 'not progressive', but that might not fly in the US.

i.e. in a progressive fee structure, your marginal fee if your family earns 250k would be whatever%, but that would only be due on the amount over 200k.

4. aurareturn ◴[] No.42203223[source]
Agreed. For the parents who make $200,001 in income, they're screwed.
5. ◴[] No.42203246[source]
6. chengiz ◴[] No.42204401[source]
You mean there's no sliding scale here as in tax brackets? Citation please?
7. maxerickson ◴[] No.42208784[source]
They don't give a lot of details, but they cover a substantial portion of the tuition for families making $200,000 or even $225,000:

https://sfs.mit.edu/undergraduate-students/the-cost-of-atten...