3 ms·
Except that basic income is a flat amount, and taxes are progressive and %. Thus, there's an equilibrium point. It doesn't cause some runaway inflation. It woul
by micropresident 5y ago
Except that basic income is a flat amount, and taxes are progressive and %. Thus, there's an equilibrium point. It doesn't cause some runaway inflation. It would also allow removing the minimum wage which would increase available low-skilled jobs.