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Except that basic income has to be paid for with taxes. So everyone that works has a higher tax that they pay. Now below a given yearly earned income, the mon
by derekp7 12y ago
Except that basic income has to be paid for with taxes. So everyone that works has a higher tax that they pay. Now below a given yearly earned income, the money you get from BI exceeds the additional increase in taxes. But above that threshold, you would be paying more in taxes than what you get back from BI. The real question, is where do you draw that line? At 50K a year? 100K? Or do you get it from property tax (and include all assets someone owns, including foreign holdings, as taxable)?