4 ms·
That's not UBI though, that's a negative income tax.
by BenElgar 6y ago
That's not UBI though, that's a negative income tax.
- diffeomorphism 6y agohttps://en.wikipedia.org/wiki/Basic_income https://en.wikipedia.org/wiki/Basic_income > The expression 'negative income tax' (NIT) is used in roughly the same sense as basic income, sometimes with different connotations in respect of the mechanism, timing or conditionality of payments potayto, potahto
- bhupy 6y agoA UBI funded by progressive taxes will always be a negative income tax, net-net.