|
|
|
|
|
by petre
756 days ago
|
|
So offer tax deductions if they have a family, for each kid they have, if they pay rent etc. France is already doing that for individual enterprises. No need to give away cash or checks and people do have an incentive to actually work. And don't call it UBI when it's not. |
|
What you are suggesting is already done, and it's exactly what's wrong with the current system. When there are multiple separate low-income benefits, it's easy to accidentally create incentives against working. You try to work harder, but you lose 80% or 110% of the additional income to taxes and lost benefits. The latter because you cross one or more thresholds for the benefits.
Basic income avoids this with better coordination. There are no income thresholds for "low-income" benefits and no lower tax brackets for low to medium incomes. Everyone receives benefits in some technical sense, but most people pay them back through higher nominal taxes. In practice, most people would not receive basic income and would not pay any higher taxes. They would just do their tax calculations in a different way.