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Wikipedia has a nice graph showing how UBI and NIT are effectively the same thing https://en.m.wikipedia.org/wiki/Universal_basic_income https://en.m.wikipedia
by jon_richards 2y ago
Wikipedia has a nice graph showing how UBI and NIT are effectively the same thing
https://en.m.wikipedia.org/wiki/Universal_basic_income https://en.m.wikipedia.org/wiki/Universal_basic_income
- ajnin 2y agoIt's the same only if the income tax is linear, which is almost never the case ? Most places have progressive income tax rates.
- jon_richards 2y agoFor a given progressive income tax rate with UBI, you can make an equivalent progressive tax rate with NIT.