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UBI is always going to have a de facto cutoff where some people pay more in tax than they receive in UBI That's not a cutoff; it's a continuous function that c
by orangecat 4y ago
UBI is always going to have a de facto cutoff where some people pay more in tax than they receive in UBI
That's not a cutoff; it's a continuous function that crosses zero at some point. With a UBI funded by an income tax you're never worse off earning more.
- nybble41 4y ago> With a UBI funded by an income tax you're never worse off earning more. Provided you can earn more without putting in any more effort; otherwise marginal effort eventually exceeds marginal net income, and the income tax shifts that crossover point toward a lower income where the effort remains worthwhile.