3 ms·
The article has a chart. This is a transfer from the very poorest to the middle and upper middle class (how much revenue does a tax on millionaires really acco
by Msw242 5y ago
The article has a chart.
This is a transfer from the very poorest to the middle and upper middle class (how much revenue does a tax on millionaires really accomplish?)
I'll take it because it would benefit me, but that doesn't make it great policy. Also most UBI supporters aren't usually on the same side of an issue as AEI.
- totony 5y agoThe chart shows a slight negative for the very poorest (that are eligible for benefits - it doesn't seem to take into account the people that don't pay taxes, aka the very very poorest, who would presumably not see such a loss). Although this is fixable by taxing more the middle class if that's what we wish to do (aka, not being "budget-neutral")
- Msw242 5y ago"slight negative" is a net loss of what looks like 15k or over 1/3 of the cash value of their current benefits.