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UBI is barely distinguishable from negative income tax when you have a single tax bracket with fixed tax rate and a fixed amount of nontaxable income. Differenc
by balfirevic 10y ago
UBI is barely distinguishable from negative income tax when you have a single tax bracket with fixed tax rate and a fixed amount of nontaxable income. Difference is in how you do accounting and usually frequency of the payouts.
When you have multiple tax brackets it's a little more complicated but I think still mostly the same.