4 ms·
The design tension is this: current welfare recipients get a range of help from the government, each administered separately. In addition, because it cuts out f
by teyc 7y ago
The design tension is this: current welfare recipients get a range of help from the government, each administered separately. In addition, because it cuts out for every dollar earned it creates a very high marginal tax rate, creating a local maximum. However, middle class welfare is a very real thing, and the problem with UBI is it allows the government to entrench itself with even more aspects of a persons life.