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Replenishing income below a fixed amount sounds more like a negative income tax, which I think would be better than a UBI because people who need money will get
by timbit42 4y ago
Replenishing income below a fixed amount sounds more like a negative income tax, which I think would be better than a UBI because people who need money will get it while those who don't won't. Also, a NIT incentivizes each person to work as much as they are able because they will always end up with more money if they work, than they'd have if they don't.
- bloggie 4y agoYes I also see it that way, and I see a lot of problems in a universal non-conditional payment to everyone, but now that I have heard of both approaches I wonder which one people are talking about when they mention UBI.