Re:OpenResearch Unconditional Cash Study's first findings av...
by speed_spread on Tuesday July 23, 2024 @07:18AM
(#41044804)
Yeah, and it makes it even easier for the rich to become richer, which is why they're the ones advocating for it.
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Re:OpenResearch Unconditional Cash Study's first findings av...
by BytesAndGears on Tuesday July 23, 2024 @07:38AM
(#41044911)
You could keep it flat up to a high threshold, like top ~5% of salary, then transition to marginal tax
Re:OpenResearch Unconditional Cash Study's first findings av...
by AnthonyMouse on Wednesday July 24, 2024 @06:43AM
(#41055568)
You don't need it, it's already built in. The flat tax rate needed to serve as the implicit benefits phase out is already in the range as what you'd use in the high tax brackets in a progressive tax system with separate benefits phase outs.
If you want it to be more progressive you raise the flat tax rate and use the money to increase the UBI. If you want a less progressive system with lower taxes you do the opposite. Making it needlessly more complicated gains you nothing and costs you efficiency.