5 ms·

> With negative tax rate not so much since you would need to work in order to benefit This is not how NIT works. You can read this for an intro: https://www.s

> With negative tax rate not so much since you would need to work in order to benefit This is not how NIT works. You can read this for an intro: https://www.scottsantens.com/negative-income-tax-nit-and-unconditional-basic-income-ubi-what-makes-them-the-same-and-what-makes-them-different https://www.scottsantens.com/negative-income-tax-nit-and-unc...

hehehaha 6y ago
You still need to work and have income. If I am missing something I’d love to know.
- akvadrako 6y ago
  NIT means your income starts in the negative. So if you don't work you have -10k income, for example. With a 10% tax rate you'll get 1k back.