4 ms·

I already consider this. Math still doesnt add up

• bryanlarsen 9y ago
  Here's a spreadsheet with the math. Bottom right column is the net cost. Input is two numbers: incremental tax rate R and tax threshold T. Your net UBI is (I-T)*R. Let's tweak the spreadsheet to get a payment of $12K per household if income is 0. One way to get that is T=30K and R=20%. (The average size of a low-income household is ~2) With those two numbers, the net cost is approximately 0. But the whole point of UBI is that it can replace welfare, so if you can find $1T in savings, UBI can work with T=60K and R=10%. https://docs.google.com/spreadsheets/d/1plUkyt9PuZ_WaLC_BaHgZQ6ekM7DRIOhV6CFudb75g8/edit?usp=sharing https://docs.google.com/spreadsheets/d/1plUkyt9PuZ_WaLC_BaHg...
  • dyarosla 9y ago
    Thank you!