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this post was submitted on 21 Apr 2024
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politics
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Depends on implementation but just paying it out to everyone is the easiest option. You can even make a progressive tax system that's nothing but UBI + flat tax, ridiculously easy to administer. If the UBI was, say, 1k and the tax rate 50% (just to have easy numbers) if you earn 100 bucks a month you end up with 1050, if you earn 2000 you end up with 2k, and if you earn 1m you end up with 501000: Under 2k income the effective tax rate is negative, at 2k it's exactly zero, at just over 2k it's very low, over that it approaches 50% in the limit. Much cheaper and easier to just give it to everyone than means-test a gazillion low-income people just to spite Gates.