5 ms·
No the difference is not simply semantics. The main difference between NIT and UBI is that your check is conditional on working. From the article: > De Kwaads
by disambiguation 5y ago
No the difference is not simply semantics. The main difference between NIT and UBI is that your check is conditional on working.
From the article:
> De Kwaadsteniet: ‘In the condition without social security, the test participants didn’t receive a basic sum. In the benefits condition they received a basic sum, which they lost as soon as they started working. In the basic income condition they received the same basic sum but didn’t lose this when they started work.’
They test for 3 scenarios, but they miss the 4th NIT scenario, in which the "basic sum" would only be granted _after_ they get a job.
- akvadrako 5y agoThat isn't how the term is normally used. This is a good 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... And you can even see on wikipedia that: > Therefore, a family with $0 income would be entitled to receive $1500 in subsidy. ^ https://en.wikipedia.org/wiki/Negative_income_tax https://en.wikipedia.org/wiki/Negative_income_tax
- disambiguation 5y agoOh TIL thanks!