4 ms·
If you limit basic income, that's called welfare. I thought the point of basic income is that everyone gets it. Now sure... wealthy people will pay more in tax
by eggnet 11y ago
If you limit basic income, that's called welfare. I thought the point of basic income is that everyone gets it.
Now sure... wealthy people will pay more in taxes than they receive in basic income. But it would still be a tax credit.
- rory096 11y ago> I thought the point of basic income is that everyone gets it. Yes, but that doesn't mean it needs to be enough for a "living wage." It can still be a universal basic income while being low enough that recipients generally still need to work. (Of course you'd want to supplement it with welfare programs for those who can't work, which under more generous schemes might be eliminated entirely.)