Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
You don’t have to lower UBI by income. Tax does it for you.
Pulling numbers out my arse, you band your tax until an income of 100k means they pay 12k in tax, essentially reclaiming the 1k/pcm they are paid by ubi. All while insuring they are never worse off than taking no pay rise, as they still have 88k to spend on luxuries.
Numbers subject to bitter argument.
That’s true. People shouldn’t be discouraged financially from working. I haven’t done I proper calculation of all cases of this and the total tax cost but for sure you could use the tax system to get the desired distribution.
Ugh, why give them money and then tax it again? That makes no sense.
We do that on America’s Unemployment Income, and it seems ridiculous. Why give it, if you’re just taking away some later?
You aren’t? The 1kpcm is tax free. It just if you earn more than 10kpcm your tax rate is higher than 1k.