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Actually, I take my comment back. As this article shows, the negative income tax and basic income are actually the same because taxes claw back the basic income
by billytetrud 10y ago
Actually, I take my comment back. As this article shows, the negative income tax and basic income are actually the same because taxes claw back the basic income at higher levels of income (if you have a progressive tax structure): http://www.adamsmith.org/blog/welfare-pensions/the-negative-income-tax-and-basic-income-are-pretty-much-the-same-thing http://www.adamsmith.org/blog/welfare-pensions/the-negative-...