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A NIT and UBI can be designed to be equivalent: http://www.scottsantens.com/negative-income-tax-nit-and-unconditional-basic-income-ubi-what-makes-them-the-same-
by chillacy 7y ago
A NIT and UBI can be designed to be equivalent: 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...
A UBI of course has a lot of other benefits (being distributed monthly or more often, going to people who are unable to work, being universal and therefore more resistant politically).