Re:Top White House Economist Dismisses the Idea of a Univers...
by learc83 on Sunday July 10, 2016 @10:32PM
(#12068516)
The top 50% get a UBI, but most plans would pay for it by increasing taxes on the wealthy. There would be a cutoff, so that above a certain point you'd be paying more in extra taxes than you'd receive in UBI.
I can't remember seeing a single UBI plan that is regressive. The goal of almost all of them is increased income equality.
There's not really a difference in this and increasing the EITC except in perception--eliminating means testing so that everyone gets the UBI, which many people think is important.
I can't remember seeing a single UBI plan that is regressive. The goal of almost all of them is increased income equality.
There's not really a difference in this and increasing the EITC except in perception--eliminating means testing so that everyone gets the UBI, which many people think is important.