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Details to be worked out. :) No, of course, I would not propose that. There are many ways to handle it that effectively amount to the same thing. The UBI could
by goodcanadian 10y ago
Details to be worked out. :)
No, of course, I would not propose that. There are many ways to handle it that effectively amount to the same thing. The UBI could be paid out monthly or fortnightly or whatever seemed good with the tax situation otherwise being the same. Your employer would have to withhold a bit more tax to compensate, but the end result would be the same.
The point is not to argue specific implementation details; it is to offer another way of thinking about it.
- tracker1 10y agoIncome tax would need to be 40-60% flat to cover such a system.