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I reread your article, and maybe I was being too harsh. You gave an example of a 50% flat tax (which you admitted is too high), but I think what would be more i
by ac29 11y ago
I reread your article, and maybe I was being too harsh. You gave an example of a 50% flat tax (which you admitted is too high), but I think what would be more interesting is to see what a progressive tax would look like to remain revenue neutral while providing a reasonable level of BI.
I dont think basic income is tenable in the US without raising taxes on high income earners, perhaps significantly.
- MaxGhenis 11y agoYes I'd like to do that. Net tax burden (taxes - BI) still shouldn't change under the revenue-neutral approach, since they'd be equal between NIT and BI.