Simply put you give everyone X amount. We’ll use 100 because it’s easy. Then you tax it back on a sliding scale. At the low end they keep the entire 100 dollars. At the high end it is all paid back. In the middle you’d get 100 dollars and owe 50 back in taxes.
This actually removes a lot of the administrative overhead and allows UBI to circulate a lot more money than you’re actually paying into it.
Oh look UBI experiment number 1578 says the same thing.
And people will still ignore it and pretend UBI is unproven.
But people won’t want to slave away for my megacorp for starvation wages if we pay them not to work!
Experiments like these only proves “BI”. Still waiting for someone to explain how the “U” is supposed to work.
There are multiple ideas, all of which have merits and drawbacks because this is reality.
Piss easy to find them yourself and not pretend like you actually know what you’re on about.
Sorry, I assumed you were being sincere and looking for a discussion.
Simply put you give everyone X amount. We’ll use 100 because it’s easy. Then you tax it back on a sliding scale. At the low end they keep the entire 100 dollars. At the high end it is all paid back. In the middle you’d get 100 dollars and owe 50 back in taxes.
This actually removes a lot of the administrative overhead and allows UBI to circulate a lot more money than you’re actually paying into it.
Less simply, I’ll let this guy explain it.