3 ms·
There's many ways to make this workable. One of the most practical: Negative Income Tax (NIT) is mathematically very similar to UBI (and should have similar ef
by Kim_Bruning 4y ago
There's many ways to make this workable.
One of the most practical: Negative Income Tax (NIT) is mathematically very similar to UBI (and should have similar effects)
https://en.wikipedia.org/wiki/Negative_income_tax https://en.wikipedia.org/wiki/Negative_income_tax
I'm reminded of optimization methods, but with money instead of with RAM or CPU. You get the effect of spending all of the money, but you can do most of the work on paper. Whether the remaining cost is worth it is then a political decision, but not unworkable.
- hnburnsy 4y agoThis already exists in the US, its called EITC.