News for hackers. Stuff that matters.
Re:Universal Basic Income Is Not Feasible by JumpCrisscross on Thursday April 26, 2018 @07:26PM (#16936949)
> if you give an upper middle-class American $10000 and you raise their tax bill by $12000

Can you show your math? Curious what tax rates are assumed.

Re:Universal Basic Income Is Not Feasible by cm2012 on Thursday April 26, 2018 @07:42PM (#16937072)
You can only do it this way if realistically, only the bottom 25% came out net positive from UBI.
Re:Universal Basic Income Is Not Feasible by icebraining on Thursday April 26, 2018 @07:53PM (#16937155)
I'm not using real numbers or assuming any tax rates. All I'm saying is that if you both pay someone and also raise their taxes, only the difference is a real amount being taxed/given.