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UBI would lower the effective tax, because it wouldn't put off everyone who might be able to work. Denmark having high tax in general is another story, but at
by lordnacho 5y ago
UBI would lower the effective tax, because it wouldn't put off everyone who might be able to work.
Denmark having high tax in general is another story, but at least with UBI not everyone who is getting paid will be thinking "hmm I lose all that income if I take a job, plus I can't be at home so much".
- augustuspolius 5y agoRealistically speaking, it sounds like introducing UBI would require a plethora of fundamental reforms (political, taxes, housing, job market) to be successful. While I enjoy thinking about that as a mental exercise, I consider it a complete fantasy - seeing how American politics work.
- Kim_Bruning 5y agoOn the other side of the pond in a lot of European countries you already have this concept of "levelling", where progressive taxes control the higher end of the salary band to reduce income inequality. It's not such a large stretch to introduce controls on the lower end as well.