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NIC would be harder to understand, or BI would? If the latter, I wholeheartedly disagree. Normal taxes would remain, the only difference is that you get BI as
by mmanfrin 11y ago
NIC would be harder to understand, or BI would?
If the latter, I wholeheartedly disagree. Normal taxes would remain, the only difference is that you get BI as well.
- RivieraKid 11y agoI meant that BI would be harder to understand... It would take more thinking to answer questions such as "what's the effective tax rate for net contributors?", "what's the level at which you're a net contributor", "if we switch to BI, will I become richer or poorer?".
- aninhumer 11y agoThe people who care about those questions are clearly already fairly well off, and they can afford to work it out for themselves. For the people who really benefit, only the last question matters, and the answer is obvious.