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Or it's universal in that everyone gets $12k every year but it's taxed back as you earn more. Say, once you start making 75k we tax back $1000 of UBI. Then at $
by malyk 9y ago
Or it's universal in that everyone gets $12k every year but it's taxed back as you earn more. Say, once you start making 75k we tax back $1000 of UBI. Then at $95k you tax back $2k. At $115k wetax back $3k.
Obviously a sliding scale along the way.
That means a person won't start getting the UBI "taken away" until they make 140% of the median household income.
Should mostly reduce the affect UBI has on working.
- nebabyte 9y agoThat's still BI. There's a foundational difference between a world wherein everyone is considered equal for the basic human resources and those who earn more are effectively told that because they do they're an outgroup to that basic net. Giving the Bill Gates $12k each is a drop in the bucket and absolutely shouldn't be trimmed away in the name of optimization. Those who believe in UBI as I do maintain a hard-line on this.