3 ms·
> everyone receives a basic income And, by definition, everybody who earns higher than the median wage will also receive a tax increase higher than the basic i
by commandlinefan 6y ago
> everyone receives a basic income
And, by definition, everybody who earns higher than the median wage will also receive a tax increase higher than the basic income they're being given "back".
- unethical_ban 6y agoI don't think there is a strict definition, but there certainly would be a threshold in the bracket where taxes > UBI, but what is your point? That UBI is therefore worthless for everyone, because some people won't get it, in effect? There are many variations, but one benefit of continuing its issuance even if someone is in a high tax bracket is unemployment - one of many services that could go away if UBI were in place. If I make $200k, and lose my job, I don't apply for unemployment - I just get the UBI for that month to pay for expenses.