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Technically, a negative income tax is actually a different but similar policy proposal. It has the advantage that it requires a smaller increase in taxes overal
by astine 8y ago
Technically, a negative income tax is actually a different but similar policy proposal. It has the advantage that it requires a smaller increase in taxes overall and uses existing governmental infrastructure.
- hencq 8y agoYeah, I'm a much bigger proponent of a negative income tax, mainly because it doesn't disincentivize work as much as just giving everyone the same amount of money.
- astine 8y agoI don't think the incentive structure is all that different. You're still guaranteeing a certain amount of income to each individual. Where you set that income is probably the bigger deal. If you set it just below a living wage people will still be incentivized to work whether it's a UBI or negative income tax.