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These numbers are so disingenuous without taking into account a tax rate increase. If you make $100k and pay $20k in taxes now, with a $10k UBI your effective t
by megaman821 10y ago
These numbers are so disingenuous without taking into account a tax rate increase. If you make $100k and pay $20k in taxes now, with a $10k UBI your effective tax bill is cut in half. If you tax rate goes up and you pay $30k in taxes and receive an $10k UBI, then the addition of UBI was net neutral to you.
The reality of a UBI would be the poor and lower middle net more money, the middle middle doesn’t change, the upper middle pay slightly more, and rich pay more.
- thecolorblue 10y agoI think the idea of "net neutral" will be lost on most people. They will look at their previous years taxes and be upset because they have to pay more.