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From a US point of view, when was the last time any entrenched bureaucracy was eliminated? As a baby step in redundancy reduction, is it realistic to think that
by adolph 5y ago
From a US point of view, when was the last time any entrenched bureaucracy was eliminated? As a baby step in redundancy reduction, is it realistic to think that UBI going to get rid of a program like WIC, against the full power of big ag brandishing starving baby pictures?
Your second point acknowledges that taxing away UBI through progressive tax rates is a clawback. As I read it, your idea is that the increased marginal taxation due to the clawback will occur at higher income levels than exist with current programs. Why not just change the existing tax rates instead of sending out cash and taxing it back?
- dragonwriter 5y ago> From a US point of view, when was the last time any entrenched bureaucracy was eliminated? The most recent that springs to mind is the elimination of most of the conscription-related bureaucracy post-Vietnam. > Your second point acknowledges that taxing away UBI through progressive tax rates is a clawback. As I read it, your idea is that the increased marginal taxation due to the clawback will occur at higher income levels than exist with current programs. Why not just change the existing tax rates instead of sending out cash and taxing it back? A baseline tax credit plus adjustments to existing rates is widely recognized as one mechanism for implementing a UBI, but even the there is often a desire to have an estimated advance mechanism, to avoid a delay of potentially more than a year from when people enter the UBI-covered population and when they start benfiting from it.
- adolph 5y ago> elimination of most of the conscription-related bureaucracy I was just thinking of that as an entrenched bureaucracy example but decided to focus things on an entitlement program. Despite having zero purpose for 49 years, Selective Service still manages to spend $26m/year [0]. > often a desire to have an estimated advance mechanism, to avoid a delay of potentially more than a year The model for advance payments on an upcoming year's tax credits already exists [1]. I can see how this doesn't address downward change in income, but also don't see how that couldn't be added. 0. https://www.sss.gov/wp-content/uploads/2022/03/Annual-Report-2021-3-24-22.pdf https://www.sss.gov/wp-content/uploads/2022/03/Annual-Report... 1. https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021 https://www.irs.gov/credits-deductions/advance-child-tax-cre...