Hacker News new | ask | show | jobs
by ac29 3800 days ago
I reread your article, and maybe I was being too harsh. You gave an example of a 50% flat tax (which you admitted is too high), but I think what would be more interesting is to see what a progressive tax would look like to remain revenue neutral while providing a reasonable level of BI.

I dont think basic income is tenable in the US without raising taxes on high income earners, perhaps significantly.

1 comments

Yes I'd like to do that. Net tax burden (taxes - BI) still shouldn't change under the revenue-neutral approach, since they'd be equal between NIT and BI.