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by dragonwriter
2123 days ago
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> > NIT and UBI funded by progressive income taxes are identical policies. > Not really, because under UBI, literally everyone would get money from the government Yes, really; every possible NIT is exactly equivalent to some combination of UBI + some configuration of rates of positive income tax brackets in a progressive system. > With NIT, some people would get money, some would pay no taxes, and some would pay taxes. With a UBI in a system that also has progressive income taxes, some people would get net money, some people would break even between UBI and taxes, and some people would pay net taxes. UBI + progressive income taxes = NIT. |
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