As a concrete example, the original formulation was a 2 for 1 tax credit. Let's say taxes are 10% if BI is $1000 dollars, and you earn no money, you get $1000.

As a concrete example, the original formulation was a 2 for 1 tax credit. Let's say taxes are 10% if BI is $1000 dollars, and you earn no money, you get $1000. if you earn $500, ($50 in taxes), you get 2 for one credits, so that pulls $25 out of your 1000, you take home $500 for working, and $975 for BI. if you earn $100000, $10000 in taxes, you get a 2 for one credit, so only $8000 in taxes. BI makes it always better to earn some money. People always seem to forget the tax credit side, and assume we're just writing everyone a check.