LogFAQs > #884765022

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Topic	Why a Universal Basic Income would be a calamity
luigi13579 08/14/17 3:11:28 PM #27:	Questionmarktarius posted... A UBI in addition to paid labor would be an ideal situation, but the taxes required to make it work would have to astronomical at all brackets. If you're gonna sit on your ass and make $12000, or work your ass off and make $15000, may as well adopt a Negative Income Tax instead. Supposedly an NIT is functionally identical to UBI. <cite>luigi13579 posted [p:884765022] in Why a Univ... [t:75670260]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>A UBI in addition to paid labor would be an ideal situation, but the taxes required to make it work would have to astronomical at all brackets. If you're gonna sit on your ass and make $12000, or work your ass off and make $15000, may as well adopt a Negative Income Tax instead. </quote> Supposedly an NIT is functionally identical to UBI.</quote> ... Copied to Clipboard!
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