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Because not everyone has to file taxes. Because maybe you want to change banks some time between tax returns. Primarily because some people are talking about a
by jacalata 11y ago
Because not everyone has to file taxes. Because maybe you want to change banks some time between tax returns. Primarily because some people are talking about a system that could plausibly be implemented given the state of the US today and not how a system might work given an otherwise perfect world where, for instance, everyone in the US has been given access to a bank account.
- eru 11y agoThe change would be to make everyone file taxes pro forma, and some people would just end up `paying' a negative amount of taxes. One system to assess people's income, not two (tax + welfare).
- jacalata 11y agoThat's irrelevant to most of my points, but if for some reason the UBI or remaining welfare system does depend on income in any way, that also deals very badly with changes during the year. "I'm sorry, our records show that 10 months ago you had a solid income so sod off with your fear of starving in the streets this week". If it doesn't, then coupling tax returns to UBI is unnecessary.
- eru 11y agoYour taxes used to be: f(income) In the new system they would be: f'(income) - basic income No need to wait until the end of the year. That's just when people customarily compare actuals to projections. Before that you get your withholding of tax, and eg monthly payout of the basic income.
- deleted 11y ago[deleted]
- dllthomas 11y agoDoes the Alaska Permanent Fund have offices for disbursing funds?
- tom_mellior 11y agoIt has this: http://pfd.alaska.gov/ http://pfd.alaska.gov/ You have to apply to get their dividends. That will also be the case for the UBI as you will have to establish your identity, residence, and give them your bank account info somehow.