Re:Moving Forward on Basic Income
by morgante on Tuesday May 31, 2016 @03:46PM
(#11809570)
Any BI advocate who pretends that BI won't require increased taxes is basically deluded.
Of course BI will require increasing marginal taxes on the people who work. This shouldn't be economically catastrophic though, because you can structure the system such that there aren't disincentives to work and the UBI everyone receives is tax-free.
Of course BI will require increasing marginal taxes on the people who work. This shouldn't be economically catastrophic though, because you can structure the system such that there aren't disincentives to work and the UBI everyone receives is tax-free.