On: Finland's Largest Trade Union Slams Basic Income as ‘Useless’

[amelius]

BI is just a negative form of income tax. So can't we just reduce the relevant income taxes slowly until we start running into problems?

[sp332 → amelius]

A lot of people at the lower end of the income scale are already paying no taxes. So they can't be reduced without going negative right away.

[refurb → sp332]

What about the earned income tax credit in the US? It's a negative income tax.

[allemagne → sp332]

A huge number of people do pay negative taxes.

[jjawssd → amelius]

No, because the people that win with UBI are the poorest people, and they already pay almost no tax.

[mhurron → amelius]

That helps those without an income how exactly?