Re:Meritocracy and its discontents: The merits of revisiting...
by yourcousinbilly on Saturday February 10, 2018 @05:58PM
(#16350122)
True, why go through the motions of taking money then giving it back. Sounds like a great way to waste money through government inefficiency. It could possibly be efficient, but we should expect it not to be.
The tech worker will be paying a lot more in taxes than the amount of their UBI check. It's mathematically equivalent to them not getting UBI at all and having a somewhat lower tax rate.