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> I would like to disagree with your point on basic income. It’s usually called _universal_ basic income. Precisely to clarify that it is not a “charity for th
by ac29 7y ago
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I would like to disagree with your point on basic income. It’s usually called _universal_ basic income. Precisely to clarify that it is not a “charity for the destitute”, it is absolutely meant to be for everyone.
In the credible UBI plans I've seen, the income is Universal in the sense that "everyone gets a check", but in practice that income is paid for by those with middle or higher incomes, such that for many earners that "income" is a net tax (or neutral). "Charity for the destitute" is a bit hyperbolic, but its absolutely income supplementation for the less well off at the expense of those better off.
- CuriousSkeptic 7y agoIn case it was missed. My take in UBI outlined above would avoid this. Even better, I’m hopeful we could abolish all forms of income tax.