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0 pointsjon_richards1y ago0 comments

Wikipedia has a nice graph showing how UBI and NIT are effectively the same thing

0 comments

It's the same only if the income tax is linear, which is almost never the case ? Most places have progressive income tax rates.

For a given progressive income tax rate with UBI, you can make an equivalent progressive tax rate with NIT.

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0 pointsjon_richards1y ago0 comments

Wikipedia has a nice graph showing how UBI and NIT are effectively the same thing

ajnin1y ago

It's the same only if the income tax is linear, which is almost never the case ? Most places have progressive income tax rates.

For a given progressive income tax rate with UBI, you can make an equivalent progressive tax rate with NIT.

j / k navigate · click thread line to collapse