Re:Stockton extends its monthly $500 UBI payment experiment
by IanCal on Tuesday June 02, 2020 @03:27PM
(#23395175)
But the figure is, frankly, a silly one. That would be the cost assuming no income tax changes at all. You can shift the tax thresholds and rates to make it a net 0 change for everyone earning over some figure.
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Re:Stockton extends its monthly $500 UBI payment experiment
by NovemberWhiskey on Tuesday June 02, 2020 @05:12PM
(#23396367)
I see that as the basic problem in this discussion.
Proponents of UBI say "everyone will receive $X per month". When people ask "how will this be paid for?", the answer is always "changes to tax schedules, savings on social programs", but this tells us nothing without details.