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Most people living on rents make above average income. They'd pay more in increased taxes than they'd get from UBI. The $1500 was after taxes. If it wasn't,
by bryanlarsen 2y ago
Most people living on rents make above average income. They'd pay more in increased taxes than they'd get from UBI.
The $1500 was after taxes. If it wasn't, the average person would end up paying more in taxes than they receive in UBI. The goal was to net the average person to $0.
- spwa4 2y agoSo how much increased tax on everyone is there? Basically 100% tax on everything over 1500?
- bryanlarsen 2y agoOn the order of 15% more, which puts top tax bracket above 50%.