Re:People kept working, became healthier while on basic inco...
by nabla9 on Thursday March 05, 2020 @10:44AM
(#22494474)
Here in Finland the UBI discussion is completely different from what is in the US. Here UBI hast to come in addition to housing allowance, free healthcare and education.
Realistic UBI would be roughly the size of minimum guaranteed pension.
The cost: Microsimulation models have shown that it can be cost neutral.
In current systems effective marginal tax rates are higher for poor people than they are for the middle class or the rich in both US, Finland and probably most other developed countries. UBI or negative income tax or something similar is needed to solve this problem.
Realistic UBI would be roughly the size of minimum guaranteed pension.
The cost: Microsimulation models have shown that it can be cost neutral.
In current systems effective marginal tax rates are higher for poor people than they are for the middle class or the rich in both US, Finland and probably most other developed countries. UBI or negative income tax or something similar is needed to solve this problem.