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A comment on Universal basic income seems to improve employment and well-being. Parent comment

Re:Universal basic income seems to improve employment and we... by blueterminal on Monday August 24, 2020 @04:20AM (#24258488)
Yes, but only for the poorest. And I think only they need it.
[ Parent | on HN ]
Re:Universal basic income seems to improve employment and we... by kuang_eleven on Monday August 24, 2020 @04:27AM (#24258528)
It ends up being functionally the same, with the possible exception of how often the money is dispersed.

A UBI and a negative income tax can end with the exact same amount of net money dispersed to anyone, it just requires tweaking the income brackets and rates.

[ Parent | on HN ]
Re:Universal basic income seems to improve employment and we... by imtringued on Monday August 24, 2020 @06:30AM (#24259250)
Okay so why not focus on negative income taxes then? If they are functionally equivalent and governments already have experience with them why not do away with UBI?
[ Parent | on HN ]