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No, one of the great things about a BI is everybody gets it, whether rich, poor, working, unemployed, deserving or otherwise. It's often called a Universal Bas
by fez909 11y ago
No, one of the great things about a BI is everybody gets it, whether rich, poor, working, unemployed, deserving or otherwise.
It's often called a Universal Basic Income for this reason.
Those who earn more than $12k in the above example would still receive it, but it would mostly be taken back off them in taxes.