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A comment on Time for a Guaranteed Basic Income?. Parent comment

Re:Time for a Guaranteed Basic Income? by icebraining on Saturday January 23, 2016 @02:30PM (#10959665)
Everyone does get the $12k, but you can effectively raise taxes to "cancel out" those $12k for the rich, maintaining the same effective tax rate for them.
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Re:Time for a Guaranteed Basic Income? by SomeCallMeTim on Saturday January 23, 2016 @03:15PM (#10959873)
My point is that you can adjust the tax code so that people over some threshold are paying $12k more than they used to, cancelling out the $12k of income. And counting people who are going to have their taxes raised by $12k in the overall cost is disingenuous. Below that threshold taxes will also likely go up, eating up some of the $12k there as well.
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Re:Time for a Guaranteed Basic Income? by icebraining on Saturday January 23, 2016 @03:54PM (#10960049)
Then we agree :)
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