2 ms·
> The advantage of UBI is that everyone gets it. As opposed to a negative tax rate below some amount? Why would everyone not get that? I guess it just feels l
by codemac 6y ago
> The advantage of UBI is that everyone gets it.
As opposed to a negative tax rate below some amount? Why would everyone not get that?
I guess it just feels like there are two equations that can be made equal so easily:
UBI_POLICY(income) = income + ubi_income - progressive_tax(income + ubi_constant)
NIT_POLICY(income) = income - progressive_tax(income) + negative_tax(income)
income + ubi_income - ubi_progressive_tax(income + ubi_constant) = income - nit_progressive_tax(income) + nit_negative_tax(income)
ubi_income - ubi_progressive_tax(income + ubi_constant) = nit_negative_tax(income) - nit_progressive_tax(income)
which seems a super easy thing to make equal. Is it the payments to folks that are different?