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The best example of this is the FairTax. The prebate is currently based on making sure those at the poverty line pay 0% federal taxes. But, if you change this t
by TomatoTomato 14y ago
The best example of this is the FairTax. The prebate is currently based on making sure those at the poverty line pay 0% federal taxes. But, if you change this to be 2x the poverty line or something, you effectively achieve a floor "basic income"
https://fairtaxer.files.wordpress.com/2011/11/prebate-chart-married3.jpg https://fairtaxer.files.wordpress.com/2011/11/prebate-chart-...