The Dangers of a “Universal Basic Income”

What a mess.

>"The progressive taxation that is necessary to finance a UBI means that the more a person earns, the higher percentage of their wealth will be taken from them. The work disincentives are therefore still very much present in the tax system."

I don’t know if Finland does it as well, but this completely ignores how US tax brackets work. There’s never a point where going up a tax bracket means you’d take home less money than you would have before your raise.>"The struggling entrepreneurs and artists mentioned earlier are struggling for a reason. For whatever reason, the market […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.