2 ms·
You missed the whole point of my post. NIT and UBI are not different models! When you take into account taxes from earnings, they are just different interpretat
by akvadrako 7y ago
You missed the whole point of my post. NIT and UBI are not different models! When you take into account taxes from earnings, they are just different interpretations of the same model.
Here it's explained a bit more:
http://www.scottsantens.com/negative-income-tax-nit-and-unconditional-basic-income-ubi-what-makes-them-the-same-and-what-makes-them-different http://www.scottsantens.com/negative-income-tax-nit-and-unco...
That only considers a single tax bracket, but with a multiple brackets or a curve they can be made identical for everyone.
- KaoruAoiShiho 7y agoWhy would you pay for UBI through an income tax instead of a sales tax or a corporate tax. Only such a poorly designed tax would make UBI also a disincentive to work. It's a strawman because real life UBI doesn't work like this.
- akvadrako 7y agoI don't know why you think a state would get rid of income taxes at the same time as creating a UBI. But it doesn't matter because you could also do the same thing with NIT. What disincentives work is positive income taxes and nobody is talking about getting rid of them.