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A comment on OpenResearch Unconditional Cash Study's first findings available. Parent comment

Re:OpenResearch Unconditional Cash Study's first findings av... by whimsicalism on Monday July 22, 2024 @09:47PM (#41041766)
because in the scheme described the effective tax on your income is positive (the more you earn, the more is transferred away) as opposed to negative (the more you earn the more is transferred to you).
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Re:OpenResearch Unconditional Cash Study's first findings av... by TeaBrain on Monday July 22, 2024 @10:09PM (#41041868)
What you are describing might intuitively sound like what a negative income tax should mean, had you never heard of a negative income tax before, but that is not what a negative income tax is. A negative income tax, which is a name for a type of benefit system, does not mean that people are literally negatively taxed, regardless of their income.
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Re:OpenResearch Unconditional Cash Study's first findings av... by whimsicalism on Tuesday July 23, 2024 @01:47PM (#41048816)
eitc is a prototypical negative income tax and gives you more money for each dollar of added income up to a point. so… exactly what i’m describing?
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Re:OpenResearch Unconditional Cash Study's first findings av... by TeaBrain on Wednesday July 24, 2024 @12:58PM (#41059118)
This is exactly the misconception the other person I replied to had.
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