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With UBI, people will be more selective in their job search. With negative tax rate not so much since you would need to work in order to benefit. I am not a fan
by hehehaha 6y ago
With UBI, people will be more selective in their job search. With negative tax rate not so much since you would need to work in order to benefit. I am not a fan of them because they will simply push out cost of living and the poor will be back in same relative economic disadvantage. The only realistic solution I see is free education even into adult age.
- bhupy 6y agoI'd argue that this is a feature, and not a bug. It gives the lower-income worker leverage to walk away from a bad job without fear of starvation.
- RangerScience 6y agoYup. If all jobs have to compete with the null-job, then there will be no jobs worse than just getting up to your own devices.
- andrewflnr 6y agoAbsolutely, this is one of the most important reasons to have it IMO.
- maxerickson 6y agoI don't think people talking about a negative income tax are aligned behind it being non refundable.
- akvadrako 6y ago> With negative tax rate not so much since you would need to work in order to benefit This is not how NIT works. You can read this for an intro: https://www.scottsantens.com/negative-income-tax-nit-and-unconditional-basic-income-ubi-what-makes-them-the-same-and-what-makes-them-different https://www.scottsantens.com/negative-income-tax-nit-and-unc...