4 ms·
You picked a perfect example where it seems bad, but consider an opposite one: Now: $12,000 a year + $12,000 in benefits = $24,000 $24,000 a year + $0 in ben
by analyst74 7y ago
You picked a perfect example where it seems bad, but consider an opposite one:
Now:
$12,000 a year + $12,000 in benefits = $24,000
$24,000 a year + $0 in benefits = $24,000
$50,000 a year + $0 in benefits = $50,000
UBI:
$12,000 a year + $12,000 in UBI = $24,000
$24,000 a year + $12,000 in benefits = $36,000
$50,000 a year + $12,000 in UBI = $62,000
Also keep in mind that the more well off people will end up paying more VAT because they spend more. VAT can also be tweaked to not tax on necessities like basic groceries/etc.