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A comment on Finland is scrapping plans to extend its basic income project. Parent comment

Re:Finland is scrapping plans to extend its basic income pro... by bryanlarsen on Friday April 20, 2018 @01:18PM (#16886621)
No, he will have almost twice as much money as the freeloader.

More importantly, if both him & the freeloader are spending £15k on rent & food, then the freeloader has £0k of disposable income and the worker has infinitely more disposable income.

Another way of looking at it is that average taxpayer with UBI has an income of between £35k and £45k and has a marginal rate not much different from what people making £45k are paying right now. People making £45k aren't currently significantly demotivated by taxes, are they?

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Re:Finland is scrapping plans to extend its basic income pro... by dandare on Friday April 20, 2018 @03:39PM (#16887880)
You are contradicting yourself.

"the average taxpayer would pay £15k extra in taxes if they receive £15k in BI"

vs

"Another way of looking at it is that average taxpayer with UBI has an income of between £35k and £45k".

Today a taxpayer with median income £21k takes home £19k net. After your reform, he will take home the same £19k net (remember: pay £15k extra in taxes if they receive £15k in BI). Except hew will now be way below the median and making only £4k more than the now ubiquitous dude Lebowski type.

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Re:Finland is scrapping plans to extend its basic income pro... by bryanlarsen on Monday April 23, 2018 @03:10PM (#16906443)
The average taxpayer is well above £21k -- that's the median income, which includes the 40% not paying taxes and of course median is well below average due to tail effects.
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